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Certainly. That kind of disproportionate wealth comes via exploitation though, not only hoarding and inheritance. Is there even enough wealth to go around? If
by cmurf 10y ago
Certainly. That kind of disproportionate wealth comes via exploitation though, not only hoarding and inheritance.
Is there even enough wealth to go around? If the total wealth is $233 trillion, and there are 7 billion people, each person gets $33286. If we were to just wealth redistribute, does that actually solve the problem under discussion? I don't know whether it does. For a huge amount of earth's population it's the value of more than a lifetime of work.
And could it be true that there's a big fat bubble everywhere else where that same amount of money doesn't even get you by for a year, or in the richest cities in the U.S. not even 6 months? What happens if the veil of ignorance applied to resource allocation were simply reset, globally?
Probably a lot of fraud, exploitation, and murder, to take that share from others to enrich a few. I think we like to pretend we're civilized. The language we use now isn't even describing the problem fairly or accurately.