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> by demographics and macro trends. fully agree, and also taxation, access to credit and leverage for profitable assets, many legal loopholes.. Pickitty says
by mistrial9 2y ago
> by demographics and macro trends.
fully agree, and also taxation, access to credit and leverage for profitable assets, many legal loopholes..
Pickitty says in-part that rewards are disproportionately moving to capital assets, at the same time devaluing the fundamental components of life and liberty .. food stocks, common labor, political freedoms from taxation https://en.wikipedia.org/wiki/Thomas_Piketty https://en.wikipedia.org/wiki/Thomas_Piketty
Intuition says that increased surveillance by law enforcement to produce convictions that cost money and time are economically crippling to building a middle class from a labor pool and small-holder individuals. A people without hope and progress become mired in common failure and produce a downward spiral of personal life, as described.