General Discussion
In reply to the discussion: Does Capitalism Inevitably Produce Inequalities? [View all]Silent3
(15,909 posts)Capitalism, left unregulated, is just particularly efficient at it.
Of those who would fault capitalism for "inevitably" producing inequality I would ask which human institutions don't require eternal vigilance to stay in line, and when have we ever managed to be consistently good at that vigilance no matter what form of economics or government we've had?
We're at a high point in the abuse of capitalism, and might not get out of it without a nasty crash (though I hope that can be avoided), with no guarantee that what follows will be better, be it better regulated capitalism or something else.
I can guarantee with great certainty, however, that if all the people who would wish capitalism away got their wish, whatever would follow would either start out badly or eventually turn out badly, possibly then turning around and getting better, or also being replaced.