
Screenshot by Dandelion Salad via Flickr
by Christian Sorensen
Writer, Dandelion Salad
January 21, 2021
INTRODUCTION
Capitalism—the system by which a relatively tiny group owns the means of production and enriches themselves through hoarding the workers’ surplus value, transforming the natural world into goods and services—is inherently destructive, exploitative, and polluting. Capital is concentrated in very few hands. The richest one percent own half of the world’s wealth (Frank, CNBC, 14 Nov 2017), and the three wealthiest humans in the United States own more wealth than the bottom fifty percent of the population of the country (Kirsch, Forbes, 9 Nov 2017). This trend of the rich getting richer only accelerated during the COVID-19 pandemic. Billionaire wealth skyrocketed while the masses suffered.
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