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Wealth always exists, and the world's wealth is always 100% at a given point, logically. The share that groups in the society take from that wealth is the topic
by zrn900 2y ago
Wealth always exists, and the world's wealth is always 100% at a given point, logically. The share that groups in the society take from that wealth is the topic here as another commenter explained. If the feudal lords could find a way to get 99% of that share like the billionaires do today, they would do it. But it was not possible. It has become possible because we let it happen.
- CamperBob2 2y agoWealth always exists No, it absolutely does not. Like civilization itself, it has to be intentionally created and maintained, and it can also be destroyed. You and I live better than the Caesars did in countless ways. That's what it means to create wealth. Focus more on your own, and less on other peoples'.
- zrn900 2y ago> No, it absolutely does not Of course it does. At any given point in time there is a definite amount of wealth that exists in the world. Back in the stone age at any given point in time, there was a definite value of all the wealth that was controlled by the human species. > You and I live better than the Caesars did in countless ways You are confusing the benefits of technological development with wealth. Caesars also lived better than people in the bronze age. Who in turn lived better than the people in the stone age. That does not change what percentages of the existing wealth of their time they controlled, and as a result, wealth inequality.