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Maybe it's a hint the this model of capitalism is only good for increasing the wealth of societies within a certain range of development. What happens when emer
by dv_dt 10y ago
Maybe it's a hint the this model of capitalism is only good for increasing the wealth of societies within a certain range of development. What happens when emerging markets become developed middleclass markets - do they too stagnate, or does the whole economy decline except for the top 0.1% at that point? Is that an acceptable system?
- vmateixeira 10y agoInteresting theory. Even more interesting if we consider the same top 0.1% to be present in every emerging market.