Also, the Indigenous peoples in North America did really well with no concept of money until the Europeans came. Some Indigenous communities have lower life expectancy today than was estimated to be before colonization.
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.
Which is why not you, nor them should have so much money. We need to prevent idiots from doing idiot things by redistributing their wealth.
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Oh yeah, cause society totally collapsed in the 1960s when wealth distribution was far more fair than today.
Also, the Indigenous peoples in North America did really well with no concept of money until the Europeans came. Some Indigenous communities have lower life expectancy today than was estimated to be before colonization.
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Well, sorta… from wikipedia:
Great concentration of wealth is also highly destabilizing. We are seeing this play out before our eyes in real time right now.
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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
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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 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.
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There’s a large range between being a billionaire and being poor, silly billy.
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