On the east coast of North America, Indigenous peoples of the Iroquois Confederacy and Algonquian tribes, such as the Shinnecock tribe, ground beads called wampum, which were cut from the purple part of the shell of the marine bivalve Mercenaria mercenaria, more commonly known as the hard clam or quahog.[2] White beads were cut from the white part of the quahog or whelk shells. Iroquois peoples strung these shells on string in lengths, or wove them in belts.
The shell most valued by the Native American tribes of the Pacific Coast from Alaska to northwest California was Dentalium, one of several species of tusk shell or scaphopod.[citation needed] The tusk shell is naturally open at both ends, and can easily be strung on a thread. This shell money was valued by its length rather than the exact number of shells; the “ligua”, the highest denomination in their currency, was a length of about 6 inches.[citation needed]
If it hasn’t collapsed with a few hundred people having more money than the rest of the entire world while also using it for selfish motives, I doubt it would collapse with a fairer distribution. But capitalism shills gotta shill
Do you know which one was more equal? USA in the 50s and 60s, when the tax rate for rich people ranged from 70% up to 92%. A time period where regular people could also afford to live comfortably (family and house included) with a regular job.
Sorry, your arguments are just bad and only show your ignorance.
Healthcare and homelessness were both better than the US up until the last decade of the Soviet Union. If capitalism needs it’s boom and bust cycles and we think that 40k+ people dying from joblessness every recession is acceptable surely we can afford the same level of devastation when discussing socialism right?
Then everyone will be poor and the civilization will collapse.
Oh yeah, cause society totally collapsed in the 1960s when wealth distribution was far more fair than today.
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Well, sorta… from wikipedia:
Really well? Oh lol…
Great concentration of wealth is also highly destabilizing. We are seeing this play out before our eyes in real time right now.
It’s not.
If it hasn’t collapsed with a few hundred people having more money than the rest of the entire world while also using it for selfish motives, I doubt it would collapse with a fairer distribution. But capitalism shills gotta shill
You know which countries are most “equal”? Poor African countries where people can’t even afford fresh water.
There are many problems with this argument; but it’s 11pm and I’m sleepy, so have the first one that came to mind.
Those countries don’t have a lot of wealth per capita to begin with, so it’s not a goddamned equal comparison.
Sleepy or not, but equality doesn’t mean crap.
Do you know which one was more equal? USA in the 50s and 60s, when the tax rate for rich people ranged from 70% up to 92%. A time period where regular people could also afford to live comfortably (family and house included) with a regular job.
Sorry, your arguments are just bad and only show your ignorance.
There’s a large range between being a billionaire and being poor, silly billy.
And there’s a big difference between a society which allows everyone to become a billionaire and a society which forces everyone to be poor.
These communists will always think “it’s just never been done properly” trying to reason with them is futile
Healthcare and homelessness were both better than the US up until the last decade of the Soviet Union. If capitalism needs it’s boom and bust cycles and we think that 40k+ people dying from joblessness every recession is acceptable surely we can afford the same level of devastation when discussing socialism right?
US is a craphole. Capitalism provides great healthcare literally everywhere else.