Comment by mcny
The point is everything needs work. We can't just say oh capitalism produces billionaires so billionaires must be good.
The point is everything needs work. We can't just say oh capitalism produces billionaires so billionaires must be good.
Or in the absence of other competing systems which can be shown to be more efficient, we could say OK seems like billionaires are part of this ecosystem. If you'd like, similar to how we don't like mosquitos but they are nevertheless an important part of the current ecosystem, whether we like it or not. Though if we ever find a better alternative, they'd definitely be in a hard spot.