this post was submitted on 09 Apr 2024
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No, its really not. Capitalism increases productivity and wealth. How that wealth is distributed varies by country. Russia for instance has oligopolies that mean most goes to individuals. Europe has social programs that mean its more evenly spread. Its up to the countries and law makers to plan that well. Its not the fault of the concept if its misused. Its a tool, like any other.
Sorry but I hate to pop your privileged bubble, but that is evidently false and pure propaganda by capitalists. And capitalism isn't even a tool, it is a political ideology with a clear goal (concentrate wealth in a few hands).