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...
Peace K ๐Ÿช™ profile picture
Why is wealth concentration bad?

If wealth concentrates in the most productive hands, it's a benefit for all man kind.

Nothing can create a utopia. For a utopia you need flawless people. As long as you are dealing with people and not angels you won't have a utopia.
1๐Ÿ‘1
Laeserin · 2w
Whether you think wealth concentration is bad is a moral issue. It depends upon what you think utopia would look like, and whether you think it is worth working toward that utopia, even though it can never be fully attained. Or if you accept that extreme wealth concentration is the natural state and...