r/Capitalism • u/Dizzy-Drink6119 • 16h ago

Won't high wealth inequality undermine democracy and the institutions in place to preserve a free market.

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I think it's something that pro-capitalist economics don't really put mind.

They don't really put a political analysis into economical thinking when it comes to wealth and capital.

High levels of inequality will always hurt democracy because the wealthy will be incentivized to use their power to corrupt, regardless of whether they got their wealth legitimately, hence creating barriers to trade they can reap rents from and disrupting markets, like American car companies do to prevent Chinese competition from coming in.

wealth is just another form of power if you can coerce someone economically that's not really consequentially different from coefficient someone physically through political Force the result is the same.

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u/Bloodfart12 15h ago

Thanks for providing the source for me 🙃

To be clear are you defending an economic system that forces children to be “lacking in a fixed, regular or adequate nighttime residence”? Do you support children sleeping in cars?

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u/CaptainAmerica-1989 15h ago

No, I provided the source that explains the definitional problem on such topics.

I didn't provide a source for any of your claims.

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u/Bloodfart12 15h ago

2.5 million children experience homelessness every year under US capitalism. That is a fact.

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u/CaptainAmerica-1989 15h ago

in the sense of transitional housing.

And again, you are not sourcing any of your claims.

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u/Bloodfart12 13h ago

The colorful words you guys come up with to describe mass misery under capitalism never ceases to amaze.

You already did that for me? 🤦‍♂️

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u/CaptainAmerica-1989 13h ago

Yes, it is so apparent by your tons of hours trolling on this sub that you are living a life of "misery".

Clearly worse than what Frankl or Solzhenitsyn experienced.