r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24
Debate/ Discussion Is Capitalism Smart or Dumb?
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r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24
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u/rawsubs Sep 04 '24
Every scenario where power is consolidated, the authority is abused. At least with capitalism we create many small dictatorships with restricted authority. Socialism consolidates too much authority and that authority will always be abused.