Conversation

Notices

1. Embed this notice
   Bruce Elrick (virtuous_sloth@cosocial.ca)'s status on Saturday, 30-Dec-2023 09:03:35 JST Bruce Elrick

   • Evan Prodromou

   @evan

   I would amend my "somewhat agree" to "strongly agree" if the connection was specifically defined to be capitalism.

   • Embed this notice
     Evan Prodromou (evan@cosocial.ca)'s status on Monday, 01-Jan-2024 00:46:50 JST Evan Prodromou

     in reply to

     @virtuous_sloth can you explain that connection?

   • Embed this notice
     Bruce Elrick (virtuous_sloth@cosocial.ca)'s status on Monday, 01-Jan-2024 01:29:09 JST Bruce Elrick

     in reply to

     • Evan Prodromou

     @evan

     Piketty showed that capitalism drives inequality because capital consistently has higher growth than the overall economy.

     Corporations align employees' immediate interests with corporate interests and corporate interests are legally fiduciary to the shareholder (ie capital), even when this goes against peoples' long-term interests.

     This results in the corruption of democracy, resulting in the inability of society to deal with climate change, even when the majority agrees.