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I don't know if I buy this. The most wealth equality humanity has ever had was probably in the pre-agrarian hunter-gatherer era. It was also undoubtedly one of
by csallen 11mo ago
I don't know if I buy this. The most wealth equality humanity has ever had was probably in the pre-agrarian hunter-gatherer era. It was also undoubtedly one of the more violent times in human history, with homicide rates that dwarfed those of today, and many deaths in war as well.
Also, most industries aren't winner-take-all. There is constant disruption, new entrants, etc. Very few huge companies last 100 or even 50 yers. And the vast majority of all companies are small. We have more artists than ever, more entrepreneurs than ever. Media has fragmented more today than ever before.
But my biggest concern with thought experiments like this is with throwing the baby out with the bathwater. Poverty is decreasing at a rapid rate, quality of life is improving, widespread famine has been largely eliminated, major warfare has maintained historic lows for 70+ years, technology is rapidly bringing education + communication + entertainment + transportation + medicine to more people than ever at cheaper prices than ever. We've essentially solved most of humanity's biggest problems with our current systems. Why press "reset" on all of that, just to eliminate a much smaller problem (some rich people having more than the rest of us)?