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Does anyone know why this must be so? I.e., is there any fundamental reason that, provided no-one breaks any laws, in an increasingly globalized, interconnected
by Arun2009 13y ago
Does anyone know why this must be so? I.e., is there any fundamental reason that, provided no-one breaks any laws, in an increasingly globalized, interconnected, technology-centric world, the majority of economic gains must always go to those who own more capital than others in a free market?
- Qantourisc 13y agoYes it's called capitalism. Or how my parents say it: "money makes money". To fix this you need to remove money makes money. Examples of money makes money that would need fixing: To save money (i.e. by insulating your house) you need money To get a better job, you need time/education, this also requires money up front. To create a new big profitable company, you need money. If your a bank you need money (unless your local law doesn't require this) to get money by the interest. If you wish to get interest of money you need money. To buy a house, you need money, after a 30 years, you get more money back then you invested.