Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
See https://en.m.wikipedia.org/wiki/Thomas_Piketty for a basic rundown - in short, empiric data over the last 250 years show that unregulated capitalism concentrates wealth at a rate that is larger than the economic growth.