▲ | nashashmi 3 days ago | |
Resource allocation? Yes, normal socioeconomics. But did it have rapid growth trajectory? No. It lacked the ambition needed to drive humanity to maximum consumerism. Before capitalism and communism was a thing, we had normal economics. And the worst part of this in some places was the bourgeoisie. They kept the resources in their control. And communism was supposed to be a banging of the piñata that shook the tree. Capitalism was a response to communism, yet installed a basic transition to a socialist education system and for educational wealth to be added. I guess a good antidote to bad actors is for a wealth tax. Unused or underutilized wealth gets taxed until the net tax is reduced to whatever financial return it has. |