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I think one issue that exacerbates this is concentration of wealth. This has created such a demand for financial assets that their price is ridiculous, no matte
by jimnotgym 2y ago
I think one issue that exacerbates this is concentration of wealth. This has created such a demand for financial assets that their price is ridiculous, no matter how bad the management of those companies is.
- AnthonyMouse 2y agoIt's basically the other way around. The companies that are enabled to grow without bound are the cause of concentration of wealth, not the result of it. Who are the billionaires? The early shareholders in megacorps.