Yup, in theory, capitalism shouldn't even have hierarchies, but in practice people hate managing capital so hierarchies emerge anyway. We're reminded of that in another discussion that came up on HN[1]. Life is much, much, much easier and more enjoyable when capital is someone else's problem – when all you have to do is show up and give some time.

You'll notice that the capitalism detractors never advocate for greater capital management abilities. It is always to take away such ability so that they can feel less guilty about their choice in not wanting to manage capital. Can't really blame them. Managing capital truly does suck. But it is interesting nevertheless.

[1] https://news.ycombinator.com/item?id=40787255