3 ms·
It seems natural to me that in a modernized, relatively free state, the mega-rich would edge even further ahead of the pack. Throughout history and even today w
by Tycho 15y ago
It seems natural to me that in a modernized, relatively free state, the mega-rich would edge even further ahead of the pack. Throughout history and even today we have examples of groslly unjust states, basically dictatorships, where the wealthy ruling classes are basically parasites, stealing and hoarding their wealth from a population of victims/subjects.There is however a limit on how much they can actually take.
In contrast, todays rich, who have (increasingly) built up businesses, actually know how to genearte value/wealth in the first place, so they can keep getting rich indefinitely.
Is there a flaw in my logic somewhere?