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Your examples are confusing wealth with social status. An influencer or politician may have relatively low wealth compared to a lottery winner, but the winner
by Retric 2y ago
Your examples are confusing wealth with social status. An influencer or politician may have relatively low wealth compared to a lottery winner, but the winner has vastly less impact on society.
The issue with wealth inequality is it feeds on itself where other forms of influence tend to erode over time and need to be constantly maintained. A surprisingly long list of people could literally donate 100+M to every presidential election for the rest of their life with interest making up the difference before the next election.