Capitalism is nothing but a giant pyramid scheme.
Capitalism is nothing but a giant pyramid scheme.
The main issue with communism is that it puts the entire control of the economy in a few people’s hands. Even more so than capitalism does.
When that happens, the central planning that those people do, even in the best case is orders of magnitude less efficient than capitalism can manage.
And in the usual case, ends up with them funneling much of the resources to their buddies and letting others starve (a la holodomor).