Capitalism's biggest achievement must be that its mechanisms for "accumulation of wealth" have become barely recognizable as "actually taking away from others".
How did you feel when the East German working class elected to be exploited by the bourgeoisie again? I remember that I felt betrayed. Much later I realized that in socialism, people still had to show up for work, but because nobody had skin in the game, they had remained poor.
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The general public appeal of capitalism is not because everyone thinks he has a shot at becoming very wealthy at other's expense, but that most people do better than they would in other systems. (Yes there are systems that have not been tried, but I have not even seen a sim.)
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Yes, the delusion of vertical mobility is just a majorly *stabilizing* factor. So why do many capitalist societies expecience generally improved quality of life? I'd say it's because of exploitation among nations, through resource extraction, cheap labor, predatory loans, ...
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