Capitalism is a funnel -> those with capital extract additional capital from those without. I say this as a small business owner, just barely turning towards “winning” the game if capitalism after decades on the other side. It’s a resource snowball, and only a few can win.
Ideally, there is regulation, scaling taxes and redistribution. That part seems more broken the further along you get.
Ideally, there is regulation, scaling taxes and redistribution. That part seems more broken the further along you get.
Of course, cause a part of the snowballed resources are used to break those. From one angle you could see the resource snowball (capital accumulation) as a self-reproducing phenomenon that drives the system into unstoppable feedback loops till they lead to various breaking points.
Capitalism is a funnel -> those with capital extract additional capital from those without. I say this as a small business owner, just barely turning towards “winning” the game if capitalism after decades on the other side. It’s a resource snowball, and only a few can win.
Ideally, there is regulation, scaling taxes and redistribution. That part seems more broken the further along you get.
Of course, cause a part of the snowballed resources are used to break those. From one angle you could see the resource snowball (capital accumulation) as a self-reproducing phenomenon that drives the system into unstoppable feedback loops till they lead to various breaking points.