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It's common during rapid shifts in technology to have a kind of gilded age when "robber barons" who are early adopters amass absurdly huge fortunes very quickly
by api 13y ago
It's common during rapid shifts in technology to have a kind of gilded age when "robber barons" who are early adopters amass absurdly huge fortunes very quickly. Same thing happened with the railroads, telephone, television, automobiles, etc.
Eventually things tend to even out. Money wants to flow, and you can't have an economy with all money concentrated in so few hands and nobody to spend it.