>large conglomerates and investment trusts could “leverage” (multiply the effects of rising share prices) through complex company structures. >extremely unregulated banking sector>In 1929, the richest 5% of the population took home approximately one-third of the income. The economy was reliant on high levels of luxury spending and investment in capital goods.>rampant speculation and fictions capitalThis capitalism’s biggest failure, and proof it doesn’t work.
Also, communist countries weren’t affected at all. Further proof capitalism doesn’t work
>>18489147i don't believe this
>In 1929, the richest 5% of the population took home approximately one-third of the incomealways wild to think that americans have greater inequality today than during the literal gilded age lols
>>18489147Capitalism is stronger than ever>>18489156They hadn't even industrialized yet looool
>>18489156Yet, the international market depends on it, curious. Then you have cases like Albania which became poor BECAUSE of communism.
>>18489156Holodomor.
>>18490410>Capitalism is stronger than everIts contradictions are showing.
>>18490414Albania got electrified, industrialised and literate in record time thanks to Hoxha's anti-revisionist socialism. Albania was "the untamed wilderness" in pre-WW2 Europe.
>>18490438Which contradictions?>>18490452Is mass murder a good thing, commie?
