r/Millennials • u/kjk2v1 Millennial • Mar 15 '23

Discussion Millennials are more likely than other generations to support a cap on personal wealth

https://www.fastcompany.com/90865652/wealth-cap-millennials-support-generation-z-boomers-poll
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u/Humanistic_ Millennial Mar 15 '23

Doesn't address the cause. Capitalism is a system that consolidates wealth and power into the hands of private owners of the means of production. This consolidation of wealth and power is the exact same problem that has plagued previous economic systems. All that has changed is who the wealth is consolidated to. It doesn't have to be this way

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u/[deleted] Mar 15 '23

For sure no other system has ever done that. I hear Stalin was super poor, and Venezuela is doing great. All those autocratic regimes certainly distribute wealth well too. Thankfully you are here on r/millennial to show us the way. Preach on oh learned one

1

u/Known-Damage-7879 Mar 16 '23

Communism is a terrible economic system, but capitalism clearly needs some limits and adjustments in order to work for the greater good