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> if in say a few hundred years, unrealistically and strictly as a thought experiment, the current system has lead to a single individual accumulating as much w
by tomp 8y ago
> if in say a few hundred years, unrealistically and strictly as a thought experiment, the current system has lead to a single individual accumulating as much wealth as every other individual in the world combined, and having done so in an above board way, while every other person in the world lives in abject poverty
How likely do you think that is, and why do you think it's getting more and more likely? If anything, the wealth and power these days is way more dispersed than a couple hunderd years ago when a few royalty held most of wealth/power/property. Like there's untold numbers of billionaires in China/Africa/Saudi Arabia/UAE/Europe/USA etc, and there's more on their way. In addition, the "turnover" of wealth seems to be faster and faster, and self-made billionaires dominate most rich-people lists (which however ignore most Arab dictators). Sure, it's possible that technology fundamentally changes that dynamic (e.g. by making 100% surveillance and oppression possible) in the future but that's not where the world is at right now.