Any form of investment is a positive feedback loop, and doesn’t produce some bizzare are ‘winner takes all scenario’. To the point made in the parent comment, w

Any form of investment is a positive feedback loop, and doesn’t produce some bizzare are ‘winner takes all scenario’. To the point made in the parent comment, wanting to buy a Wraith as a status symbol is a want just like any other, and is not a symptom of a dysfunctional market. Consumerism in general isn’t a symptom of a dysfunctional market, and I’d be willing to bet that the majority of the people who comment on HN derive their income from consumerism in one way or another. The nature of investments isn’t a symptom of a dysfunctional market either, for an asset to be productive it has to be generating some value, if an individual invests in an asset, they will never benefit from 100% of the productivity of it. The assets they invest in the economy will be generating income and wealth for others too, if we’re talking about a particularly wealthy individual, then it will be thousands of others. I’ve worked at plenty of funded startups, in each of those situations, the wealth of such individuals has been directly paying my salary.