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this post was submitted on 18 Feb 2025
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In the USA, the founding fathers who wrote the constitution and founded the country were a bunch of college aged kids. That argument doesn't work. They're also not the ones cutting costs, they're getting all the data and reporting it so Trump and his advisors can decide what to cut.
Widening inequality by itself isn't just a bad thing that needs fixing. Rich people have more money to get more rich. That's just how money works.
That's how capitalism works without government intervention, until the wealthy are so wealthy they buy all assets and our politicians, yes. Eventually capitalism will eat democracy if you let it.
"Eventually". Cool.
Is there a better system than capitalism? Nope.
You can have the Scandinavian model where the worst externalities are counteracted by government (with high taxes, no privatisation of important public services, etc).