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Increasing rent seeking was always a sign of decaying system. You cant have inverted wealth pyramid growing indefinitely, It will eventually crash, especially
by me_me_me 7y ago
Increasing rent seeking was always a sign of decaying system.
You cant have inverted wealth pyramid growing indefinitely, It will eventually crash, especially when instead of creating wealth you erode the bottom.
- account73466 7y agoThe technological revolution is going to make the top appear to be gods while the bottom, well, the bottom will prey :\
- me_me_me 7y agoI have similar outlook at the future, we already have poor voting on people that have clearly no interest helping the poor. I used to be really excited about tech prolonging life, but now i think it will be artificially made prohibitively expensive so the rich cast can hold on to their power even more. Currently the power was lost when next generation was bad at managing their parent's empires... well I think we are quickly approaching techno dystopia.