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I understand what you meant, but wealth being created at the top is a bit charitable. Let's call it like it is: it's reallocated from consumers (vs. a more comp
by ethbro 11y ago
I understand what you meant, but wealth being created at the top is a bit charitable. Let's call it like it is: it's reallocated from consumers (vs. a more competitive market) and from shareholders (vs. a more competitive management landscape).
Regulatory capture should have a management capture analog. ;)
- eitally 11y agoYes, you are of course correct. :)