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Who's wealth are you revering to, those that own the knowledge and institutions, or those that do the work ? In modern democracies we used to try and, what do y
by ageofwant 8y ago
Who's wealth are you revering to, those that own the knowledge and institutions,
or those that do the work ? In modern democracies we used to try and, what do
you know, 'democratise' wealth. In the last year 81% of the wealth created went
to 1% of people. This is why capitalism is failing humanity, and why it will be
rejected.
The vast bulk of 'wealth' is generated by perpetual rent-seeking by those that
maintain artificial scarcity. There are exceptions of course, and most of those
are to be found in new technologically driven enterprises.