• fallowseed@lemmy.world
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    15 hours ago

    but isn’t their strategy literally how they have 90 percent of the wealth? seems a crushingly effective strategy. what do you suppose their downfall looks like? does it happen before or after ours?

    • JasonDJ@lemmy.zip
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      14 hours ago

      There’s a limit, and at this rate we are bound to get there eventually.

      Look at it this way…either there is a finite amount of money, and the more it is amassed by a handful of people, the less there is for others to survive. Or there is an infinite amount of money, and it’s worthless.

      There really should’ve been a point of exponentially diminishing returns on personal wealth, like a long time ago. There shouldn’t have been any super-rich after the steel barons of the early 20th century. You’d think we would’ve learned our lesson then. Especially since by then we had universal suffrage, and not just white wealthy male landowners were voting.