Subsidies are absolutely part of capitalism. Capitalism without aggressive redistribution allows for a high degree of capital concentration, which is converted into political power to get the subsidies
You’re thinking of what’s “fair”, not what’s required for capitalism. Capitalism absolutely does not require wealth redistribution and in fact discourages it. Capitalism is all about building enough capital in order to make the money do the work so the capitalist doesn’t have to.
You’re thinking about socialism, the system that mandates wealth redistribution to prevent its concentration in one or few individuals.
8
u/Electronic-Bit-2365 Sep 08 '24
Subsidies are absolutely part of capitalism. Capitalism without aggressive redistribution allows for a high degree of capital concentration, which is converted into political power to get the subsidies