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The current wealth inequality is caused by the productivity gains being concentrated on a smaller population. One Amazon can provide goods far more efficiently
by Aunche 6y ago
The current wealth inequality is caused by the productivity gains being concentrated on a smaller population. One Amazon can provide goods far more efficiently than thousands small businesses.
- jkhdigital 6y agoI’d say this explains the 90/10 wealth gap. The 99.9/0.1 wealth gap stems from financialization and central bank-supported moral hazard.