Capitalism may hold us back in some regards but really helps in others.
The majority of people would likely be feudal peasants, working under a warmonger family that owns the sustaining land by force. No upward mobility except through bloodshed.
The majority of people would likely be are feudal peasants, working under a warmonger family that owns the sustaining land by force. No upward mobility except through bloodshed.
No you don’t understand, this 9-to-5 job that’s slowly but surely wearing me down is just a stepping stone to my millions of $$. That’s why I keep voting for tax breaks for the rich; because I’ve just been temporarily down on my luck for 30 years. /s
No, if you're lucky, clever enough, overwork yourself, or manipulate others you can live a somewhat comfortable life. Those methods don't require taking a life.
Capitalism optimizes for efficiency. Sadly slavery is terribly efficient in terms of economics. Therefore capitalism needs to be capped by society at certain acceptable limits. Which is called socioeconomics and its not perfect but the best system we have. insert handwavy remark about whatever america is doing here
Thats still in a sense a commerce based system. The only reason that warlord fights for that land is because it has value, be it food, a cash crop, a strategic location.
Warlords hoarded land and power in similar ways billionaires hoard money and power.
Dividends, return on investment, profits, etc. are all inefficiencies in the production of value, and require more resources, labor, and suffering per unit of value than for example a circular economy.
But it does concentrate wealth efficiently, which in turn gives access to enough resources to start larger ventures.