If you accept the premise that market competition is violence, the world has become more violent - not less. Diversification of force.
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You don't need knights to keep the plebes in check when you can simply introduce a rigged lottery - aka capitalism.
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We are blind to randomness. Gambling is a trillion dollar industry. There is no need for oppression if you just "give people a chance".
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It's a normal human shortcoming to consider ourselves exempt from the laws of chance. Psychology does the job for you.
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If you give a group a negative expected outcome, but a small chance to win big, they will all believe themselves to be that special someone.
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Of course this system isn't completely random, which only adds to the psychological effect. It need only favor the rich -on average-.
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