hold up

Karde

It's unfair for the workers in a nation.

May i check your sources on the 400× thing?

Also

The lowest paid worker

The boss makes 400×

As much

Makes perfect sense

Who provided the jobs?

Who built the business?

at one point capitalism allowed 400x

right now its 271

Who has to manage the business?

And the least paid worker,

but you're saying

Most likely is the least working worker

they work 400x harder

not they provide 400x

those are two different things

oh and anyways how did they first get all this capital?

How did the boss get all the money?

money doesn't grow on trees afterall

a lot of them inherited previous wealth

inheritance spits in the face of meritocratic capitalism

you cannot argue simultaneously capitalism is meritocratic

and allow inheritance

then one has to ask how the inheritance was built

the feudalistic society -> industrial capitalist featured the landed aristocrats buying up a lot of peasant land and this helped drive the industrial revolution this change in agriculture and the wealth gained. They also fenced off common land. The other side of the coin is in Britain the money the Government compensated to slaves helped build the industrial base for the industrial revolution.

but still

you cannot argue

meritocratic capitalism on one hand

so how does this build inheritance money

and then allow inheritance

on the other

as established by what benny put up above, 7/10 rich families lose their wealth by the second generation

which would mean only 3/10 would successfully carry over the inheritance

and thus in extention 7/10 gaining wealth through means other than inheritance

which would mean *the majority of rich people* are not rich due to inheritance