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Capitalism has done more to lift people out of poverty than any other system in human history, so it's got that going for it.
Marx wrote something almost to that effect in the Communist Manifesto. About half the first chapter is intense praise for the advances brought by capitalism.
Actually that title belongs to the CCP.
"China's Economic Success Proves the Power of Capitalism"[0] My point still stands.
[0] https://www.forbes.com/sites/rainerzitelmann/2019/07/08/chin...
Re:Modeling a Wealth Tax
by kwhitefoot on Tuesday August 18, 2020 @12:55PM
(#24201072)
Billionaires are not necessary for capitalism.
Re:Modeling a Wealth Tax
by eanzenberg on Tuesday August 18, 2020 @01:16PM
(#24201364)
I wouldn’t be surprised if billionaires are a one of the many reasons people want to immigrate to America.