alt Hacker NewsAll of this is missing the ultimate underlying truth that capitalism (at least as it is implemented here and now) is the problem here. Capitalism creates increasing levels of inequality over time while nominally providing "equal opportunity" to all.
So it may be more accurate to say that "a capitalist system that creates an increasing gap of wealth inequality and defines money as speech is a system that inherently tends toward corruption" but that's a bit wordy for a headline
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>Capitalism creates increasing levels of inequality over time while nominally providing "equal opportunity" to all.
I think a better summary is that capitalism creates more opportunities for all. Not equal, just more.
It creates more food, more clothes, more libraries, symphony orchestras, skateboard parks, cars, ships, planes, particle accelerators and space telescopes than any other system we have come up with, which means more opportunities for people wanting to be pilots, captains, skateboarders, scientists or violinists.
Whenever someone has tried to remove the inequality aspect of this, it has resulted in a loss in opportunities for all. Including the opportunity to have food every day.
Compared to what?
Before you answer, consider all the castles, pyramids and other relics of past dynasties and aristocracies ruled by divine kings living in opulence while peasants subsisted on scraps.
Humanity is beyond a political system. This phase is technofeodalism or tech fascism.
The situation is the same on the other side of the pond. Money, power and algorithmic manipulation power have concentrated enough, that the premise of democracy can be ditched.
Read Gil Duran's The Nerd Reich for an update on the current situation, where tech has replaced democracy.
Or search THN for The Nerd Reich or tech fascism topics and see that most of the topics are flagged here for no reason.
This is not an inherent truth to capitalism. It might somewhat be the case in America right now, but that’s because we have chosen certain tax brackets and other choices that allows for it.
Which why taxes where created to prevent destructive buildup in the system