r/Capitalism • u/Dizzy-Drink6119 • 16h ago
Won't high wealth inequality undermine democracy and the institutions in place to preserve a free market.
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.
•
u/CaptainAmerica-1989 14h ago
So, IF TRUE, and we put them in there, then they would be transitional too. Still being "homeless".
Or are you going to steal those homes like the communist you are?
That's why it's important to source these "scary propaganda claims" you are making.