Yes, your theory about inevitable concentration sounds like the one of Thomas Piketty (where war functions to keep a lid on the concentration). Depressingly persuasive.
Personally, I find it hard to deny that capitalism has been incredibly successful at creating abundance seemingly out of nothing. I see it as a kind of ingenious roaring engine, the whole question is how to somehow harness it to good purposes.
And also how to turn it off. Because I think that the abundance does not come magically out of nowhere, as orthodox economics seem to believe. It comes from plundering the natural world, which the human economy sits on top of.
Capitalism did nothing. Scientific discoveries and the philosophy that extracted themselves from stagnating religions allowed for unparalleled progresses.
Yes, your theory about inevitable concentration sounds like the one of Thomas Piketty (where war functions to keep a lid on the concentration). Depressingly persuasive.
Personally, I find it hard to deny that capitalism has been incredibly successful at creating abundance seemingly out of nothing. I see it as a kind of ingenious roaring engine, the whole question is how to somehow harness it to good purposes.
And also how to turn it off. Because I think that the abundance does not come magically out of nowhere, as orthodox economics seem to believe. It comes from plundering the natural world, which the human economy sits on top of.
Capitalism did nothing. Scientific discoveries and the philosophy that extracted themselves from stagnating religions allowed for unparalleled progresses.