Greed came long before capitalism. Capitalism is the current way to organize greed.
Wealth disparity has always existed as a result of greed, not capitalism. There have always been extra wealthy and poor. There has always been nobles and serfs. Patricians and plebians. Bourgeoisie and proletariat.
Any system of economic equality cannot exist unless there is a very tight framework around it and people designated to enforce that framework, which, ipso facto, eliminates equality, as that then puts a monopoly on a legal use of force. With a legal use of force, corruption is only a matter of time.
I’m cynical (or old) enough to agree with this sentiment to a point, but capitalism has greed built in, it’s a feature not a flaw.
You are 100% correct.
Capitalism is greed. Acquire and accumulate at all costs. Hoarding is not just acceptable, but praiseworthy.
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They’d be out-competed by those who used their wealth to screw over the competition and drive small businesses under.
Greed came long before capitalism. Capitalism is the current way to organize greed.
Wealth disparity has always existed as a result of greed, not capitalism. There have always been extra wealthy and poor. There has always been nobles and serfs. Patricians and plebians. Bourgeoisie and proletariat.
Any system of economic equality cannot exist unless there is a very tight framework around it and people designated to enforce that framework, which, ipso facto, eliminates equality, as that then puts a monopoly on a legal use of force. With a legal use of force, corruption is only a matter of time.