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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.