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>Capitalism faces less socioeconomic segregation than pretty much any other system of economics I can think of.Do you live under a rock or in a bubble? This isn't just a national occurence, it's global.
>yet it seems like nobody has a problem competing with them asideBusinesses are constantly going under due to monolithic companies and their available monopolies.
>yet luckily those get ironed out all the timeNo. The wealthy keep their wealth, sometimes a recession might fuck them up but other than that they maintain.
>it just means a level playing field.It's not a level playing field when the children of the wealthy has the upperhand in every possible way. You think a minimun wage family can put their kids through college? You're buying too much into "a small loan of a million dollars" meme
>I'm sure some corruption still exists, but if you're not even in the top 1%, which the vast majority of business owners aren't, then I can safely say it's not an issueYou can't really compare petite-bourgeoisie with actual bourgeoisie, either way the amount of neoliberal influence is still immense in the global arena.
>Lol I've got a source for you. Look at the computer you're using. Look at your smart phoneOh, wow. You sure showed me. How about an actual academic source?
>almost every single US citizen is a global 1%'er. If you earn 32K USD, you're in the top 1% of the world.You're literally just arguing for gobal wealth inequality rn.
>So rich that we don't need socialism/communism to take care of our poor and our elderly and our sick.Yet there's more empty houses than homeless people. People still lack healthcare if they don't have insurance. Is this "taking care"?
>I know it's hip and cool to say trickle down economics isn't real, yet I've never seen anyone with a business degree like myself claim that trickle down economics isn't real, and I value their/our opinions on economics more than the layman since they/we are actually educated on this subject.Instead of anecdotal bullshit throw some real sources at me.
>And getting access to new technology that used to be top-of-the-line 5 years ago but is cheap now is trickle down economics. No, what? It's because there's constantly new shit being invented and old shit being replaces. This is central tenant of capitalism, to exploit and broaden the current markets and find new ones with the aim of concentrating capital in the hands of the industrial owners.
This isn't as dope as it sounds because "Modern bourgeois society, with its
relations of production, of exchange and of property, a society that has conjured up such gigantic means of production and of exchange, is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells. For many a decade past the history of industry and commerce is but the history of the revolt of modern productive forces against modern conditions of production, against the property relations that are the conditions for the existence of the bourgeois and of its rule. It is enough to mention the commercial crises that by their periodical return put the existence of the entire bourgeois society on its trial, each time more threateningly. In these crises, a great part not only of the existing products, but also of the previously created productive forces, are periodically destroyed. In these crises, there breaks out an epidemic that, in all earlier epochs, would have seemed an absurdity – the epidemic of overproduction. Society suddenly finds itself put back into a state of momentary barbarism; it appears as if a famine, a universal war of devastation, had cut off the supply of every means of subsistence; industry and commerce seem to be destroyed; and why? Because there is too much civilisation, too much means of subsistence, too much industry, too much commerce. The productive forces at the disposal of society no longer tend to further the development of the conditions of bourgeois property; on the contrary, they have become too powerful for these conditions, by which they are fettered, and so soon as they overcome these fetters, they bring disorder into the whole of bourgeois society, endanger the existence of bourgeois property. The conditions of bourgeois society are too narrow to comprise the wealth created by them. And how does the bourgeoisie get over these crises? On the one hand by enforced destruction of a mass of productive forces; on the other, by the conquest of new markets, and by the more thorough exploitation of the old ones. That is to say, by paving the way for more extensive and more destructive crises, and by diminishing the means whereby crises are prevented."
>Big whoop. Take a look at Russia today vs the USA today, let me know which one is doing better lol.
>I can't into global politics and material circumstances.