Quote Originally Posted by MadMojoMonkey View Post
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If the wealth keeps funneling out of the poor and to the already rich, then the endgame is a filthy, diseased lower AND middle class, who cannot support themselves without "welfare". The only reason they need welfare in the first place is because they were slowly, and insidiously mugged over a couple of generations. It's a crime of ignorance to suggest that a system whose only logical conclusion is to increase disparity and hardship for the greatest number of people is in any way utilitarian.
What you've said isn't a problem with capitalism. It's a problem of a variety of things that has been best addressed through welfarism.

You've got your causalities backwards or something. It's hard to say exactly. Regardless, capitalism isn't just a way to be greedy, it's also the only known way for poor people to become less poor. I keep going back to understanding what the system is definitively for a reason. Capital is not money, it's resources. Your ability to labor is your human capital. Your ability to study a textbook and learn skills for work is your human capital. Without capitalism, you don't even have the ability to use your own resources to make things better. In the socialist model, you wouldn't use your brains or your elbow grease to make your life better because the idea of "yours" isn't compatible with the ideology. Instead, you would only use your brains or elbow grease if the community decided it's better for everybody.

The issue of too much wealth concentration is addressed inherently through the markets through the most part, but not entirely. The rest is addressed by welfarism. It's ironic that those who rail against this the most are those who benefit immeasurably from first world privilege or capitalist privilege or whatever sort of privilege we want to call it. The system works incredibly well. We have some entire countries that don't even have a poor class. How did they get that? From capitalism-welfarism. That's it. We're not in a socioeconomic existential crisis; instead, we're reaping benefits at far greater levels than in the history of civilization