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> I believe that the central cause of wealth inequality isn't so much about taxation or regulatory capture etc, as it is about individuals going to great length
by stormbrew 4y ago
> I believe that the central cause of wealth inequality isn't so much about taxation or regulatory capture etc, as it is about individuals going to great lengths to maintain control of their companies.
I’m not really sure what you’re basing this on? Most of the richest people in the world don’t have controlling ownership of their businesses. Zuckerberg is the most notable exception here, and he took a lot of risks to get there. But companies knocking on trillion dollar valuations that aren’t public and don’t have diluted ownership structures are the exception rather than the rule as far as i can see.