This is unrestrained capitalism's natural progression. Just look at the Guilded Age. Capitalism increases the total size of the pie (GDP) but at the same time a

This is unrestrained capitalism's natural progression. Just look at the Guilded Age. Capitalism increases the total size of the pie (GDP) but at the same time actively shifts its concentration more and more towards the top (those who already have ownership, instead of those who simply work). Without balancing mechanisms keeping that new wealth distributed, this is simply what you get. After the Great Depression, and then doubly so after the rise of Communism as western countries were trying to keep their citizens from having any reason to go down that path, we had a golden age of capitalist societies that also had appetites for social investment. With nothing over the past 50 years really keeping that a priority for the rich, we've started sinking back into a pre-depression structure. A more thorough analysis (which has been posted on HN before I think): https://www.linkedin.com/pulse/why-how-capitalism-needs-reformed-parts-1-2-ray-dalio https://www.linkedin.com/pulse/why-how-capitalism-needs-refo...