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Extreme wealth is immoral. It's very strange that isn't self evident, even to a lot of direct victims of it. Such concentration of resources, beyond the capacit
by nativeit 1y ago
Extreme wealth is immoral. It's very strange that isn't self evident, even to a lot of direct victims of it. Such concentration of resources, beyond the capacity of any individual to manage productively, or even effectively, is impossible to justify. An economic policy that allows it is destined to fail, as such accumulation of wealth cannot be sustained, especially when so much of it ceases productive circulation as a result. Even at small percentages, the effects are cumulative and start stacking up quickly--an acceleration that is easy to see in the graphs tracking wealth distribution over the last few hundred years.