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>> If too much concentration of wealth leads to crisis and crisis is a 'distributing' mechanism this is basically a self-correcting dynamic. Doesn't this imply
by thesuperbigfrog 3y ago
>> If too much concentration of wealth leads to crisis and crisis is a 'distributing' mechanism this is basically a self-correcting dynamic.
Doesn't this imply that economic hardships lead to unrest and wars?
It certainly seems so and seems like a logical conclusion.
It may be primarily anecdotal, but the last 100 years or so seem to confirm it.
- lainga 3y agoFor the opposite (not quite converse logically!) argument that unrest and wars lead to economic equality, I recommend Walter Scheidel's "The Great Leveler". https://press.princeton.edu/books/paperback/9780691183251/the-great-leveler https://press.princeton.edu/books/paperback/9780691183251/th...