News for hackers. Stuff that matters.

A comment on Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M. Parent comment

Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by einpoklum on Wednesday April 15, 2020 @05:33PM (#22883344)
Concentration of wealth characterizes all Capitalist economies - limited concentration as a pre-condition, and an increasing degree of concentration as an ongoing phenomenon and consequence.
[ Parent | on HN ]
Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by clairity on Wednesday April 15, 2020 @07:57PM (#22884614)
yes, i should have been more specific that i meant the excess levels of concentration we see in many so-called capitalistic economies.

edit: should also note that capitalism expects wealth concentration, but it's not a pre-condition.

[ Parent | on HN ]