• 0 Posts
  • 262 Comments
Joined 1 year ago
cake
Cake day: July 5th, 2023

help-circle



















  • dubyakay@lemmy.catoMemes@lemmy.mlHow capitalism works
    link
    fedilink
    arrow-up
    10
    arrow-down
    8
    ·
    19 days ago

    The graph highlights that during Soviet times at least 20% of wealth is in top10% hands, the party leaders and their cronies. If it was truly communism then the top10% would own 10% of the wealth. The party leaders and their cronies owned a disproportionate amount of wealth. Everyone was equal, but some were more equal among others.

    It also highlights how the erosion of social services and a lack of a federal government opposing corporate interests is to the detriment of its people.

    Authoritarianism is not the way, and neither is crony capitalism in a farcical democracy.