2 ms·
There's nothing you can do about it other than leveling the playing field by eliminating special loop holes and laws designed to protect the established elite.
by curt 15y ago
There's nothing you can do about it other than leveling the playing field by eliminating special loop holes and laws designed to protect the established elite. You shouldn't do more, technology is the root cause. An individual skilled in fully optimizing their productivity can produce far more than someone without those skills, so wealth will naturally accumulate with those individuals. It's amazing when you think about it, today I can completely design a web or mobile application, a consumer electronic device, or any number of things right from my computer, and I do on a daily basis. How much more productive am I than someone utilizing only manpower? That's the income gap disparity.
It's the same thing on Wall Street, do they abuse the system, yes, but computers allow individuals to far more access to a variety of assets around the world within milliseconds. Those with the knowledge, say like algorithmic traders can use there knowledge and the ability to leverage their positions to make a fortune.
They always look at the brackets, not the movement between them, and there's huge movement between brackets.