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RE: Fun fact: The 3 wealthiest families

in #life7 years ago

Which universe are you currently residing in? Lol. Capitalism has never been more prominent as it is today. Western culture and the world in general revolves around capitalism....
United States
Canada
United Kingdom
Australia
New Zealand
Austria
Ireland
Sweden
Switzerland
Israel
Japan
Luxembourg
Norway
Bermuda
Iceland
Denmark
San Marino
Belgium
Netherlands
Finland
Czech Republic
Slovakia
Slovenia
Hong Kong
Singapore
And many more, that is why there is currently a disproportional amount of wealth inequality.

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Hello McFly.....Ummmm, Which of those countries have free markets and free market money??

Lol mcfly... okay vanilla ice.... Capitalism vs freemarket trading are two seperate things. Capitalism is focused on the creation of wealth and ownership of capital and factors of production, whereas a free market system is focused on the exchange of wealth, or goods and services. A free market system is based solely on supply and demand and leads to free competition in the economy, without any intervention from outside forces. On the other hand, a private owner in a capitalist system can have a monopoly on the market and prevent free competition. Which is whats currently going on yo.

You never addressed free market money which is most important. Capitalism is free market trading. Capitalism is private vs. state as well. What monopoly's are around anyway. I have more choice today than ever except with my vote

No choice in healthcare either which is government mandated....Cause the U.S. is Capitalist?

Well, valid point. I agree with you on the healthcare front. Here in Australia healthcare is available to all. I'm not aware of any country other than the U.S where it is mandated.. no your right capitalism doesn't exist and the mass wealth inequality is some rare kind of coincidence.

Corruption, I believe is the number 1 factor to mass wealth inequality. The more governments have their hands in everything we do, the easier for the rich to buy corruption.

It's not coincidence, it's the benefits of investing in corruption. Like the benefit of being a private share holder of the Federal Reserve

Plus the TPP trade agreement is still in effect for many countries. So freemarket trading is happening to a certain extent actually.

I like that.

''mass wealth inequality is some rare kind of coincidence''

No, corruption is not a cause. Corruption needs two sides. And always, capitalists are the first side, not the government.