>>5409083Yeah capitalism is notoriously flexible and has produced a lot of prosperity for the west at its peak. But the internal contradictions are starting to come due now. You can not have a society where almost all the income growth is concentrating at that top and wages at the lower and middle-end remain flat while the cost of housing, health insurance, transportation, food, etc. goes up and up and up. Libertarians say the inflation is caused by money printing. Where is the newly minted money going to do though? Rich people, not the poor. That's why their income is way up.
Somehow the libertarians think "since politicians are bribed by rich people, the solution is to just shrink the size of government." If you shrink the size of government, nothing is going to stop the rich from consolidating their capital even further. Compound interest is literally designed to make capital grow. So the people who already have a lot of capital are going to be at a competitive advantage compared to people who don't have a lot of capital. If you don't have a lot of capital, you have to make riskier investments in order to get rich. The vast majority of start-ups fail. The safe bet is to invest in already established blue-chip stocks. But if you aren't already rich, chances are you're not gonna make a lot of money investing in blue-chip stocks. Right-wingers keep appealing to anecdotal evidence and inspiration porn. When the data shows that the vast majority of small business fails. The game is rigged to favor the whales.
Ancaps are apparently so rich being whores for capital and all. We socialists don't have a lot of capital. So Ancaps are the ones who should try their experiment first. Buy up some land, start up Ancapistan and see how that goes. If Ancapistan is a success, I might even immigrate there. My guess is Ancapistan would be a huge failure.
