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I see your point, but is spreading wealth out the goal? Oftentimes, that obscene concentration of wealth is the result of something that has enhanced everyone'
by alehul 9y ago
I see your point, but is spreading wealth out the goal?
Oftentimes, that obscene concentration of wealth is the result of something that has enhanced everyone's lives in a way we'd struggle to measure quantitatively.
An example would be the wealth concentration created from mobile phones, which enable much more effective communication and, possibly more importantly, the ability to call for help (police, ambulance, etc.) from anywhere at any time.
- andrepd 9y agoWhy do you assume that without wealth concentration there would be no mobile phones?
- madmatt1123 9y agoReplying to andrepd's comment to your comment: The incredible amount of Work, Capital Outlay, Engineering, etc.etc.etc. that is required to create mobile phones is a huge barrier to any group of people doing so. Therefore, they are incentivized to generate a profit on each phone they eventually produce/sell. If the phones are popular enough, then they may make quite a lot of money. Like jesus dude, nobody forces anyone to buy a phone - everybody is doing it of their own volition and that's why mobile phone developers get rich.