Tuesday, April 3, 2012
Capitalism Revisited (3/2)
Now, I know that one of the biggest words in capitalism is "banking". The weary rich needed places to keep their ridiculous amounts of money, and thus banks were born. They were shortly followed by joint-stock companies, insurance agencies, and corporations. People tried to, as the term suggest, capitalize of their wealth. But, while they did this, poor working classes just got poorer. They did not have money to invest in companies, and therefore it was impossible for them to capitalize on their wealth. Upper and lower classes became more distinct.
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