That is very much not a necessity - it is out current Situation and it is easy to think/feel it is ‘inevitable’ but we shoukdnt forget that Ehen the industrial Revolution (and therby the Basis of modern capitalism) bot rolling 90℅ of people in those countries Were Leading lives in (to us) unimaginable squalor and in basically all countries the buttom 2/3 of the countries Were either not allowed to vote or had their votes count less than that of the rich.
Still they managed to achieve better wages more democracy, coops that still persist to this day (e.g. the Genossenschaftsbanken in Germany, Migros in switzerland, Mondragon in Spain, and many more) , social security and much more.
It is within living memory thst the top marginal taxrate in the US was 90%
It may feel inevitable that capital concentrates at the top but it isnt - the time before World war 1 and especially the time after world war 2 show that
And it is defeatist to assume that change cannot be attained just cause it is hard.
That is very much not a necessity - it is out current Situation and it is easy to think/feel it is ‘inevitable’ but we shoukdnt forget that Ehen the industrial Revolution (and therby the Basis of modern capitalism) bot rolling 90℅ of people in those countries Were Leading lives in (to us) unimaginable squalor and in basically all countries the buttom 2/3 of the countries Were either not allowed to vote or had their votes count less than that of the rich.
Still they managed to achieve better wages more democracy, coops that still persist to this day (e.g. the Genossenschaftsbanken in Germany, Migros in switzerland, Mondragon in Spain, and many more) , social security and much more. It is within living memory thst the top marginal taxrate in the US was 90% It may feel inevitable that capital concentrates at the top but it isnt - the time before World war 1 and especially the time after world war 2 show that And it is defeatist to assume that change cannot be attained just cause it is hard.