"More capitalist countries have lower income inequality, not higher. High income inequality is caused by cronyism which goes hand in hand with highly regulated markets."
More capitalist countries have lower income inequality, not higher. High income inequality is caused by cronyism which goes hand in hand with highly regulated markets. Welfare states also lower inequality, but you need free markets wealth to have generous welfare states.
More capitalist countries have lower income inequality, not higher. High income inequality is caused by cronyism which goes hand in hand with highly regulated markets. Welfare states also lower inequality, but you need free markets wealth to have generous welfare states.
Decades after the disastrous capitalist 1990's, I am happy to report that Socialism is making a return to Russia.
"Capitalism" has been tried, and failed miserably. The majority in Russia and the world are beginning to accept this.
Meanwhile, the last major true believers in American neoliberal capitalist doctrine are in Milei's Argentina, where people are eating donkeys!
X is sufficiently capitalist where it is valuable to post & build a reputation here (unlike reddit or 4chan), but not so capitalist that it drains your soul like Linkedin.
It’s perfect.
Shortly after I became a venture capitalist, I understood why the industry hates transactional lawyers.
Many big firms are inflexible, unfriendly to emerging businesses and externalize their broken economic models onto their clients.
I don’t hate though. I innovate.
Your pyramid is a lie:
Here is the Capitalist Pyramid published in 1911 by the Industrial Workers of the World.
It illustrates how the working class props up capitalist society.
A century of propaganda has conditioned Americans to love the capitalist system that enslaves them and hate the socialist system that liberates us all.
Trump, leader of the capitalist superpower has bowed, submitted, and surrendered to the most powerful Communist leader in history, Xi Jinping.
Even the capitalists are now forced to admit that Communism has secured the Mandate of Heaven.