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I believe your estimates are overly optimistic. Then again, if you look at just the US, there is a huge gap between how people think wealth is distributed and
by bborud 15y ago
I believe your estimates are overly optimistic. Then again, if you look at just the US, there is a huge gap between how people think wealth is distributed and reality.
The distribution is only going to get worse. I don't see the 0.1% at the top suddenly growing altruistic -- nor do I think any sort of political disruption can change this tendency in the long term. Such disruptions now seem to, more often than not, result in more assets being secured by those of means.
Whatever illusions of a democratic and fair society the 1900s instilled in us are just that: illusions. I predict that within my lifetime western society will indeed continue a trend towards the sci-fi predicions of the privately owned corporate state. To a large degree, this is already reality.