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Capital's share of the economy definitely can grow faster than than the economy as a whole. There's a whole book about this: http://en.wikipedia.org/wiki/Capit
by chrismealy 12y ago
Capital's share of the economy definitely can grow faster than than the economy as a whole. There's a whole book about this:
http://en.wikipedia.org/wiki/Capital_in_the_Twenty-First_Century http://en.wikipedia.org/wiki/Capital_in_the_Twenty-First_Cen...
- ChrisLomont 12y agoBut it cannot surpass the total value of an economy, and if you started with a tiny fraction of all capital at the start, your portion of final capital will likely be around that same small portion of all capital. Thus the premise stands. Compound interest is not a parasite eating value from other items. It is only a return on investment, which everyone is competing for.