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2023-12-31 13:00:58

C Ⓐ T on Nostr: Capitalism allows the concentration of wealth in the hands of a few, i.e. ...

Capitalism allows the concentration of wealth in the hands of a few, i.e. Capitalists', who own the means of production and generate their wealth by extracting surplus value from the labor of workers, i.e. exploitation. The profit margin is achieved through paying workers less than the value of what they produce. This results in an inherent exploitation of labor and contributes to the accumulation of wealth among capitalists, which leads to poverty and destitution among the workers.

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