SwingingTheLampExtreme wealth inequality is baked in to the system
https://piefed.zip/c/youshouldknow/p/1110776/extreme-wealth-inequality-is-baked-in-to-the-system
Capitalism is working exactly as intended, which is the reason why it needs to be totally dismantled.
Note: I said capitalism, and not the free market. The two are not the same thing. You could have a completely free market under socialism and even communism, as those are economic systems that ensure workers actually earn the value they produce. Neither system says anything about command economies - that’s an Authoritarian shtick.
The title of the post is a little misleading. The model presented here does not require many parts of a capitalist system. If you can own stuff and have a free market this model predicts extreme wealth inequality. This happens by pure chance.
The model is not a good argument against capitalism. It can be used as an argument for taxing rich folks and against the “trickle down” idea.