Title couldn’t say it all.
“Capitalism does not permit an even flow of economic resources.
With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level.
That's the way the system works.
And since we know that the system will not change the rules, we are going to have to change the system.”
Replies (3)
Same can be said for every economic system in history. Only difference is with Capitalism business owner are the 1% with Socialism the government is the 1%.
Its all about unrealized income, the super rich never pay taxes because all their wealth is in unrealized income. They never sell anything they only trade, and when the die it goes to their kids tax free. Read recently on what Buffet was going to do with his 130 billion when he dies, that is 130 billion of money that was never taxed. That is why we have so many billionaires
Visit cuba if you want to see how socialism works.
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