4 ms·
> "wealth as personal consumption" versus "wealth as resource allocation." Wanted to post exactly the same comment. We are yet to develop an appropriate terms
by molszanski 5y ago
> "wealth as personal consumption" versus "wealth as resource allocation."
Wanted to post exactly the same comment.
We are yet to develop an appropriate terms, that are _widely_ understood that describe the problem in details.
Personally, I don't see the problem with "rich getting richer". I see the problem with poor getting poorer.
It seems it is waaaay more complicated then the simple tax the rich