Comment on Extreme wealth inequality is baked in to the system
valgarf@discuss.tchncs.de 1 week agoThe title of the post is a little misleading. The model presented here does not require many parts of a capitalist system. If you can own stuff and have a free market this model predicts extreme wealth inequality. This happens by pure chance.
The model is not a good argument against capitalism. It can be used as an argument for taxing rich folks and against the “trickle down” idea.