Traditional capitalism needs "extra" people, but managerial capitalism has no use for them

[AndreStmaur]

@anon50609448

But isn’t the kind of capitalism that leaves most people out in favour of allowing a small group to have everything also rampant mostly in the states, and not so much in Europe?

Unfortunately, no. Europe is not as bad as the USA as far as inequalities are concerned, but the inequalities sharply increased in the past years to a worrying level in Europe as well.