5 ms·
it's a direct consequence of capital becoming top-heavy and inefficient. once all that money is sloshing around with nothing better to do, it gets hard to argue
by clairity 6y ago
it's a direct consequence of capital becoming top-heavy and inefficient. once all that money is sloshing around with nothing better to do, it gets hard to argue against giving just a little more to your friends in exchange for loyalty.
in a truly capitalistic economy, you'd expect capital to dissipate away from inefficiencies like that. that it doesn't is a serious signal of deficiency. in a fair labor market, you'd expect ratios to be much more equitable, as no one is 312X as efficient at value creation as another.