Capitalism's biggest achievement must be that its mechanisms for "accumulation of wealth" have become barely recognizable as "actually taking away from others".
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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Would you say that the improved quality of life in Eastern Germany today is the result of more exploitation and extraction, or of higher efficiency, better administration and more innovation?
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