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    Weasel (weaselx86@mastodon.social)'s status on Thursday, 20-Jul-2023 14:44:28 JSTWeaselWeasel
    in reply to
    • Dogzilla
    • David Benfell, Ph.D.
    • Radical_EgoCom
    • 🔶Mark Nicoll 3.5%🏴󠁧󠁢󠁥󠁮󠁧󠁿🇬🇧🇪🇺🇺🇳
    • Aaron

    @Dogzilla @vikxin @Radical_EgoCom @hosford42 @Benfell @duckwhistle

    Wealth concentration is an inherent property of a capitalistic system.

    [thread]
    https://mastodon.social/@weaselx86/110735532603549131

    In conversationThursday, 20-Jul-2023 14:44:28 JST from mastodon.socialpermalink

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      Weasel (@weaselx86@mastodon.social)
      from Weasel
      @zrb@astrodon.social @NatureMC@mastodon.online @cian@post.lurk.org @breadandcircuses@climatejustice.social Wealth concentration is an inherent property of a capitalistic system. The argument that capitalism is a "fair" system seems premised on the notion that transactions are voluntary between equals. But in reality the wealthier participant in a transaction has an inherent advantage in risk-tolerance and greater ability to hold out for a better deal. 1/3
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