Comment by electriclove
13 days ago
I’d encourage you to do some research on the history of charging interest. It does indeed make for a large wealth gap and that is indeed a significant social problem.
However it isn’t a problem limited to capitalism or the US. And “billionaires” have been around for quite a long time - I find it strange that some are placed on a pedestal for some reason
I will read into it thank you.
Yes current crops of billionaires aren’t particularly different, but the methods they have access to are increasingly detached from any real world value. And due to the overall wealth of the US and money in the world in general, their ability to create capital out of nothing is on the very extreme end of the spectrum.
They are driven by tunnel vision and are distorting the very concept of money and the purpose it has to serve in society