If only these people would vote for folks who stand a chance of adding friction to this process.
It depends on the monetary system. Those monetary systems that mostly accompanied capitalism have a feature that leads to this capital accumulation effect: interest/debt.
Financial capital is kept in banks, which deposit it at their central bank. There it naturally accrues more capital due to interest. (Except in exceptional circumstances like the Swiss negative interest period)
Presently, the safety of bank deposits are in most countries guaranteed by the government, but before this they weren't risk free either. That's why bank runs happened. People panicked to get their capital out before it was gone.
No it doesn't, regardless of which monetary system you can invest resources to make more resources. Communists also does this, tribes also does this, everyone does this, having more lets you invest to get even more.
The Biden Administration Is Still Banning White Farmers From Federal Aid - https://thefederalist.com/2021/09/20/the-biden-administratio...
1. It was repealed in (also the Biden admin's) IRA about a year later
2. The argument for special programs for racial minority farmers is that only 1% of COVID aid for farmers went to minority farmers, largely because such aid was dolled out based on existing holdings/historical output. Minority farmers have been excluded from USDA development programs for generations now, so their holdings/output left them unable to benefit from from the COVID aid
Altogether seems like a reasonable problem to try to solve, but not a good way to solve it, and it's good that it got repealed ~14 months later for a race-blind version of the same program.
