Damus
Laeserin · 2w
If capitalism is unbridled and efficient, the capital will always end up concentrated. There's nothing about a free market that results in capital dispersing. You do not need a state, to have this eff...
Artemis profile picture
I would disagree. In a free market with a hard money standard capital still concentrates but only with the productive. There would be no cantillon effect. If you want to utilize your capital, you have to spend it and it disperses.
It doesn't build an utopia but at least a more honest system and not one build on theft.
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Laeserin · 2w
I have no idea why you think wealth concentration is only the result of the cantillon effect. It happens under every economic and monetary system because humans differ and decision making is highly complex. Even miniscule advantages, temporary windfalls, environmental effects, or random luck can be ...