
flamingo_pinyata
Taking history into account I get some sympathy for the current mess that is Egypt. They’ve been ruled by foreign powers (with a couple of short interruptions) 525BC-1952CE. More than 2000 years. No wonder establishing a functional country is hard.
Edit - misunderstood the meme thinking it’s about all of North Africa including Egypt. Still it applies
Mainstream audiences caught up with the idea of brainrot slang, killing the very point of it
There’s no benefits as such. It’s not an intentional process. Success and money attract more success and money. In short term it’s beneficial in long term it’s a disaster.
In some ways it’s another rehash of the tragedy of the commons.
Quite the contrary if the flaw is built into the base of the system. If you base the economic system around the accumulation of property, you can’t expect people to do things out of abstract ideals. Your idea of capitalism requires selflessness and altruism which are not rewarded in that system.
Technically yes. But there would be a strong incentive to undo any safeguards. Basically you’d have to ban or limit inheritance completely.
The problem with relying on accumulation of money as a measure of success is that money == power. Once you have a critical mass of wealthy people it would be easy to change any laws to allow for nepotism again.