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[-] KidnappedByKitties@lemm.ee 1 points 9 months ago

Capitalism optimises for concentrating resources.

Dividends, return on investment, profits, etc. are all inefficiencies in the production of value, and require more resources, labor, and suffering per unit of value than for example a circular economy.

But it does concentrate wealth efficiently, which in turn gives access to enough resources to start larger ventures.

this post was submitted on 03 Feb 2024
176 points (78.8% liked)

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