The excess is in the growing income inequality of the world. Productivity has soared, the rich have gotten richer, and since growth is always necessary for busi

The excess is in the growing income inequality of the world. Productivity has soared, the rich have gotten richer, and since growth is always necessary for businesses, they try to monetize everything they can. It’s no wonder people feel alienated and unmotivated. If they could, corporations would sell the air we breathe. Why invent things or improve the productivity of your employer when the net result is more money going to shareholders and billionaires like Munger and Buffett? Capitalism is alienating and the end result is the perfect extraction of all energy and value out of the entire population in order to enrich the wealthy class. Until this changes, no one is going to want to increase their productivity. On another note, it’s a little rich to hear a multi-billionaire complain about excess. I mean seriously; he is worth more than one order of magnitude more than probably 50% or more of all human beings. Most Americans live paycheck to paycheck, and many Americans have to ration medication in order to afford food. The world of finance exists in a bubble. The economy does not work for the vast majority of human beings (or organisms), and sooner or later the financial sector will find that out.