In as much as Marx meant “the free market” when he used the word “capitalist” there are no free market structures that disadvantage the poor. Actually, the free market places the poor at an advantage over any other market system.
The poor are the least likely to be able to influence or control government. Every move away from the free market is acutally anti-poor and pro-poverty. Innovation is the way to knock market leaders off their perch.
The economic forms that Catholic missionaries encountered in the 3rd world are all oligarchies and crony capitalism in which legalized theft is the norm. The poor, being without political, legal or market power are disadvantaged in highly regulated systems. They cannot “work the system”.
The economic forms that Catholic missionaries encountered in the 3rd world are all oligarchies and crony capitalism in which legalized theft is the norm. The poor, being without political, legal or market power are disadvantaged in highly regulated systems. They cannot “work the system”.