Comment by simulator5g
1 day ago
The coin is wealthy people. They're different sides of that coin. Hence why the commenter above is sensing some malice from both sides.
1 day ago
The coin is wealthy people. They're different sides of that coin. Hence why the commenter above is sensing some malice from both sides.
Both sides of...what? I'm confused. Is the idea "all these people have a lot more money than I think they'll ever need and it makes me mad"? Me too. Just don't see how it's relevant.
The idea is that as money gets so concentrated, so does real political power. And with that concentration of political power comes extreme disregard for the opinions of the masses. I think it's a fair argument that the world has always catered to the will of rich people, but the difference now is that rich people are so unfathomably rich, and so much wealth is concentrated in so few.
I see, thank you.
More plainly on my part, though I'm worried sounds like berating when the comments are viewed consecutively: what does that have to do with the article we are discussing?
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> but the difference now is that rich people are so unfathomably rich...
Compared to when? How many times in history has wealth been less concentrated?
As far as I'm aware, for almost all of history post-agriculture, wealth was highly concentrated while the average person lived in abject poverty (think: kings vs peasants). The mid-20th century was an era of mass prosperity in the US and parts of Europe, but it was an anomalous few decades, not the norm.
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