Oligarchies are the inevitable result of unregulated capitalism, though. In fact, without any government guardrails this would have happened like a century ago.
Been saying that was well. Radical wealth inequality, no economic guardrails, fascism on the rise, stock market ready to blow in spectacular fashion, wars boiling up all over the globe, shifting alliances, tariffs FFS.
Those aren’t facile comparisons. Same exact shit is coming around because the people who lived it are now dead.
Well, capitalism is an economic system while an oligarchy is a form of government. A country doesn’t have to be capitalist to have an oligarchy. Unfettered capitalism just basically guarantees an oligarchy will form.
So the root problem is still the capitalism that led to the oligarchy.
Got me there. No other sort of economic system has ever eventually funneled money up to the rich. Perhaps you could provide us some examples of economic systems that worked?
Oligarchies are the inevitable result of unregulated capitalism, though. In fact, without any government guardrails this would have happened like a century ago.
It did.
Been saying that was well. Radical wealth inequality, no economic guardrails, fascism on the rise, stock market ready to blow in spectacular fashion, wars boiling up all over the globe, shifting alliances, tariffs FFS.
Those aren’t facile comparisons. Same exact shit is coming around because the people who lived it are now dead.
Did no one else have a solid history teacher?! Here’s my generation learning history.
So you agree? I mean, you’re repeating exactly what I stated. Unless I’m missing something? Which is likely because I’m not that smart.
Well, capitalism is an economic system while an oligarchy is a form of government. A country doesn’t have to be capitalist to have an oligarchy. Unfettered capitalism just basically guarantees an oligarchy will form.
So the root problem is still the capitalism that led to the oligarchy.
Got me there. No other sort of economic system has ever eventually funneled money up to the rich. Perhaps you could provide us some examples of economic systems that worked?