But what are they producing? This is simply theft with extra steps.
Economics general
I don't know where you work, how do I know? I assume he's more qualified for that job than you, which is why you aren't his boss
I see you've never entered the workforce. Qualifications and hard work don't amount to shit when things like nepotism exist. Take a look at Trump and Trudeau, two examples of people who got to where they are because of their parents. Even Hillary is only known because of who she's married to. Feudalism never died, it just got a label change.
So capitalism only sucks because of nepotism? Why do people rail against capitalism as a whole then? Why not just criticise nepotism
> be made king because of holy bloodline
> be the best ruler there is
> suddenly, filthy peasants start shouting
"Down with his head" " We demand democracy" "Enough with the crowned crook"
> I don't understand, why are these people so mad at me ?
> and why are they so greedy ?
> they don't even have blue blood, how could they rule anything anyway ...
>scarce goods
No, it isn't about scarce goods at all. It is about people and what they want.
Capitalism allows nepotism to exist. How do you expect a parent to give a child special favors when the government is the one handling fair education for all and giving out jobs? In capitalism the only thing that matters is the birth lottery. Either you're born into the right conditions for wealth, or better luck next ressurection if it exists.
>Why do people rail against capitalism as a whole then?
I think it's precisely because of what OP describes : in capitalism the market decides everything. So since many people are left behind, they blame the ruler, capitalism.
your fault for not being skilled enough, desu.
third world countries are driving labor costs down. knowledge is the most valuable scarcity. get some.
well, i guess you're wrong then, arentchya?