this post was submitted on 17 Jan 2025
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[–] [email protected] 3 points 1 month ago (1 children)

Capitalism is a form of unjust hierarchy

It's a form of hierarchy through economic accumulation. The problem of justice is in the privative accumulation. When we start the game playing from a stacked deck, only a handful of people ever have an opportunity to accumulate new capital, while the rest of us are bound to serve through debt.

Leveling the playing field allows people to accumulate within their lifetimes, and incentivizes capital development broadly, without allowing intergenerational accumulation to stagnant the system.

But wealth redistribution is incredibly unpopular among the people with the most political capital, necessitating some kind of social or economic revolution to achieve change.

[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

Yeah. Wealth generates wealth. Wealth is power. You got born into a world owned mostly by the super rich, and therefore don't have equal opportunities.

No amount of redistribution will prevent this state from re-emerging until wealth accumulation is made impossible.

It's pure luck: even if the playing field gets completely leveled once, without systemic changed some people will luck out, get wealthy again, buy newspapers and apartment complexes and therefore monopolizes public expression of opinion and profit from living space.