• markr@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    1 year ago

    Yes that is true, and you can view wealth distribution as pyramid shaped, but that is not what a pyramid scheme means. As noted the system is very good at producing massive amounts of commodities, distributing them all over the planet, and exchanging them for your labor. If capitalism did nothing useful it would have disappeared long ago.

    • msage@programming.dev
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Global south would like a word.

      Like every proponent of capitalism ignores the cheap labor and blatant theft of natural resources the rich nations need to make the line go up.

      It’s not the virtue of capitalism that makes our lives so luxurious. It’s the suffering of the rest of the world.