• unfreeradical@lemmy.world
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      1 year ago

      You are being incredibly dishonest.

      You mentioned Elon Musk.

      I simply observed that most of the capital is owned by a tiny cohort of society. Small businesses, especially businesses worth approximately the same as a house, comprise a relatively small valuation of capital (which is not the same as the number of businesses, or the number of jobs).

      There is no reason why economic activity needs to be tied to someone risking becoming homeless. Such a relationship is a consequence of the system, the way that wealth is hoarded by the few and made available to the rest only under conditions that serve the private interest of the wealthy. A different system would not need to carry the same feature.

        • unfreeradical@lemmy.world
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          1 year ago

          How did you prove that ownership of capital in terms of its valuation is not extremely heavily concentrated?

          You only gave the statistics relating to the count of small business and jobs in them.

          One business can be worth more than a thousand others.

          I suggest you review statistics on wealth distribution in various countries. Learn how much wealth as a share of the total is owned by various cohorts, and investigate questions such as how many individuals own half the wealth.