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> The fundamental assertion of capitalism is that capital should beget capital.

This quote explains just half the story. The half of the story being: "success".

Pray tell me how is wealth created by labor without someone investing the necessary capital required to begin with? It is not like the labor worked for free.

The "wealthy" laboured at one point to earn that capital. They just "chose" to invest their hard-earned capital wisely which helped them beget more capital. Upto that point, your assertion holds true.

There are many who were "wealthy" who made blunders when they did not invest their capital wisely and lost it all. Would the fundamental assertion of capitalism "capital should beget capital" hold true in this case? And for all the Zuckerbergs, Jobs and Gates out there, there are a million more who failed. Those million are proof that the fundamental assertion of "capital should beget capital" is false.

The only assertion that fits Capitalism is "Survival of the fittest". I can live with that!




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