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Because I found this definition of Capitalism on there, that seems to suggest wealth was more widely shared before the Industrial Revolution. The definition claims to be from the person who first coined the term Capitalism:
Originating from the Latin word "capitalis," which means "head of cattle"—was first used by French socialist Louis Blanc in 1850, to signify a system of exclusive ownership of industrial means of production by private individuals rather than shared ownership.
Andrew Forrest commits $740m to global investment fund to rebuild Ukraine | Volodymyr Zelenskiy says ‘communist-era rubbish Russian infrastructure’ will be replaced by latest technology and fund will accelerate country’s economy
G. Edward Griffin on Communist Tactics (from 1969): Never seen this, though I'm sure many have. SCARY how much of this has come to pass already. How is it relevant to silver? Towards the end he explains how Socialist economies work - CDBCs are like a magic bullet for what he describes.
We third world countries of the world want to be heard, we want to be integrated into the world economy, there isn't an international policy to ingrate us and bring development, just to extract our natural resources. Only communist China tend us a hand..
You only come to us not to accompany us in our development into the world economy, but only to sack our natural resources and pollute our lands. There isn't a vision of mutual development between us, you keep seeing as colonies, only to extract resources, your vision keeps being the colonialist vision, nothing changed, you keep seeing us as places to extract natural resources, you don't value us as human capital. You are not compromised with an unitary vision. We don't feel integrated into the world economy. Communist China is different, she see us as peers, she does economic, scientific, technological, industrial exchange with us. She invest on us, she builds infrastructure, share knowledge with us and much more. In WW3 we will be allies with China because only China cares about us.
@Reuters: Chinese President Xi Jinping paid tribute to former leader Jiang Zemin for ensuring the Communist Party's survival from ‘political storms’ and reforming it to inject new vitality and modernize the country's economy https://t.co/sgMLiqkwwO https://t.co/QiCapT8EpG
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How The Economic Machine Works by Ray Dalio - YouTube
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