Capitalism, it was the new hot shit after feudalism, but it just caused colonialism, imperialism, and causes mass starvation because there has to be a massive reserve army of labor. It also leads to cyclical economic collapses which impoverish more people at the bottom while enriching people at the top, creating an oligarchy.
Capitalism, it was the new hot shit after feudalism, but it just caused colonialism, imperialism, and causes mass starvation because there has to be a massive reserve army of labor. It also leads to cyclical economic collapses which impoverish more people at the bottom while enriching people at the top, creating an oligarchy.
Capitalism sounds like feudalism with extra steps.