you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 8 months ago

There's wealth disparity and then there's the wealth chasm of today,

You think the chasm today is as big as the gap between Augustus Caesar and a slave in Rome, or even a Roman plebian? Augustus Caesar's wealth is estimated at around $5 trillion in today's money.

The only way in which capitalism is responsible for wealth gaps is that it is tied to technological developments. In the modern world technology allows 1 farmer to feed hundreds of people. One century ago (also under capitalism) it was only about 4 people. More people who aren't farming means more labour to allocate to other things, which means more wealth can be concentrated at the top.

  • source
  • parent