4 ms·
there is nothing wrong with the top 1% of people owning 99% of stuff Presumably you can imagine a point at which inequality would cause the world to grind to a
by abstractbill 14y ago
there is nothing wrong with the top 1% of people owning 99% of stuff
Presumably you can imagine a point at which inequality would cause the world to grind to a halt; in the extreme, let's say just one person on the whole planet owns everything that can legally be owned. If you can imagine that not being a particularly good thing, then the argument just becomes one of "how much is too much".
- argumentum 14y agoOf course, which is why I used % rather than absolute numbers. In terms of relative inequality, there is no real limit, the limit comes from when a segment of the population falls under some absolute threshold where they can't sustain themselves and therefore cannot create their own wealth.