I've been saying this for a couple of years now. When wealth/wage inequality gaps widen and more and more money is funneled into the top .5%, those people and o

I've been saying this for a couple of years now. When wealth/wage inequality gaps widen and more and more money is funneled into the top .5%, those people and orgs simply do what they do best: financial, industry, and market manipulation in order to strengthen their positions. Its very dangerous because it makes the already wealthy and powerful even more so, and reduces choices for the consumer, while actually driving up costs because less competition. While its a very simplistic point, the oil industry is a good example of this. Ignoring the greater geopolitical/strategic game around the petrodollar as a reserve currency, what is happening right now is all the strappy young startup oil companies are being gobbled up by the big guys. I'm pretty sure as soon as all the m&a's are done oil ppb will rocket back up.