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Norway's sovereign wealth fund is managed on behalf of all the people of Norway and there are political systems in place that grants those people some influence
by metaphorm 10y ago
Norway's sovereign wealth fund is managed on behalf of all the people of Norway and there are political systems in place that grants those people some influence over how that money is used, and who benefits from it.
Bezos' wealth (and all the massive political power it represents) is almost totally unaccountable. This is the real problem of wealth inequality. It's not that some people have more material goods than others. It's that levels of wealth like that undermine the political systems that we have constructed to seek fair, just, and peaceful resolution of disputes. It is a road to tyranny.