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Luckily our society is more complex than that, otherwise a single person would literally own everything. Looking at the world and our history, it’s not that the
by mach1ne 4y ago
Luckily our society is more complex than that, otherwise a single person would literally own everything. Looking at the world and our history, it’s not that there is any single optimal point where the trickle-up effect would somehow balance out; however, there does exist a point beyond which the probability for a revolution increases significantly. I don’t know if it’s the only historical circumstance where oligopolies collapsed, but it’s hard to find other examples.
- ryandrake 4y ago> Luckily our society is more complex than that, otherwise a single person would literally own everything. This is the natural end result of the system we are currently stuck with. It just takes time. Every year, we are inching closer to a world where one person owns everything. I don’t expect to see it in my lifetime or the next generation’s lifetime, but maybe within a century or two, if we continue down the track we are on.
- blooalien 4y agoThe push toward fewer and fewer owning "everything" puts humanity in a position where we're not really very likely to survive another century (or two) and even if we do, we probably won't be very "civilized" anymore. If ever it gets to a point where there's just one person in charge of everything then we'd best hope they're benevolent, fair, intelligent, and wise. The nature of human greed makes that highly unlikely.