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How can the rich get richer than they already are? Don’t the bottom half already have only like 1% of the wealth?
by throwaway5959 3y ago
How can the rich get richer than they already are? Don’t the bottom half already have only like 1% of the wealth?
- kelseyfrog 3y agoThe bottom half could easily have 0.1% of the wealth in 20 years.
- quantified 3y agoEverything that grows the pie makes the richer even more rich. Given the unequal capture of economic growth, anything that makes the poor 1% better off will make the rich 50% better off (more money to influence governments, more toys, better health care, faster jets, nicer food, etc.). Feels like a disincentive to make anything better.