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Scientific American recently had an article on how wealth concentration is inevitable, without active mechanisms to continually counter it: https://www.scienti
by zipwitch 7y ago
Scientific American recently had an article on how wealth concentration is inevitable, without active mechanisms to continually counter it:
https://www.scientificamerican.com/article/is-inequality-inevitable/ https://www.scientificamerican.com/article/is-inequality-ine...
- acqq 7y agoAnd there was already in ancient Greece, some 2600 years ago: https://en.wikipedia.org/wiki/Seisachtheia https://en.wikipedia.org/wiki/Seisachtheia "a set of laws instituted by the Athenian lawmaker Solon (c. 638 BC–558 BC) in order to rectify the widespread serfdom and slavery that had run rampant in Athens by the 6th century BC, by debt relief." "The seisachtheia laws immediately cancelled all outstanding debts, retroactively emancipated all previously enslaved debtors, reinstated all confiscated serf property to the hektemoroi, and forbade the use of personal freedom as collateral in all future debts. The laws instituted a ceiling to maximum property size - regardless of the legality of its acquisition (i.e. by marriage), meant to prevent excessive accumulation of land by powerful families."