Use the excerpt to answer the question. "{The rich} consumes little more than the poor, and in spite of their natural selfishness and rapacity What economic system does the evidence support?

Answer 1

The excerpt suggests that the consumption patterns of the rich do not significantly differ from those of the poor, despite their wealth. This observation aligns with ideas found in systems that critique capitalism, particularly those that emphasize wealth inequality and the idea that the accumulation of wealth does not necessarily lead to a proportional increase in consumption among the wealthy.

Thus, the evidence might support critiques of capitalism or advocate for a more egalitarian economic system, such as socialism, that emphasizes the redistribution of wealth and resources in order to address inequalities. It suggests that an economic system focused on equality and collective well-being could be more beneficial than one where wealth is concentrated in the hands of a few.