Capitalism is an objective benefit to our species, much has improved that couldn’t have under feudalism. Yet, just as you might rearrange your house when you have kids, we should rearrange our economy when the existing system no longer meets our needs.
The challenges you point out are massive, but if it’s true that a change is necessary, then the challenges must be overcome.
I imagine most Europeans would be happy with a rule such as "no individual to own €1B in assets" as a start. But even if rules for a fairer, more equitable form of capitalism can be devised, I fear the entrenched position and loose morals of the top capitalists would be difficult or impossible to overcome.
Me too. It seems almost impossible. But I don’t know any other option, so I invest my hope in the possibility that, if there were a broader openness to change, maybe some new ideas might come along (or abandoned ones might become possible)
The challenges you point out are massive, but if it’s true that a change is necessary, then the challenges must be overcome.