4 ms·
> Let's say you could double the wealth of everybody in the country in 20 years, but the top 1% (or 0.1% or choose your most hated percentile) would have their
by deciplex 11y ago
> Let's say you could double the wealth of everybody in the country in 20 years, but the top 1% (or 0.1% or choose your most hated percentile) would have their wealth in crease 10x. I don't really see wealth accretion as a problem.
The way our politics are structured for the time being (and have been structured for basically all our history), under your hypothetical those getting the 10x increase would see their influence in government increase roughly five-fold or so. The current wealth disparities in most of the developed world are already stretching the legitimacy of democracy to its limits - if what you suggest came to pass what is left of it would evaporate.