Thread: Forbes

Originally Posted by 3toes

I was reading a paper on wealth and it’s concentration. Despite what it may seem the concentration of wealth is at its lowest ever. This is due to us plebs actually having some assets where as until 200 years ago only the top of the tree had any assets the rest were just tools of production to be used and abused as required. This change started with the industrial revolution which required consumers to generate the wealth

Things are still very unequal in some places around the world though Aus is about average Wealth Inequality By Country 2021 (worldpopulationreview.com)

Getting that rich is "simple". Once you are on top, accumulating more becomes easy and even natural.

Let's say you are a very very good artist. Once you have a few hits, you get more exposure, you get more income, you can do more with that income, more exposure etc etc. I believe this is part of the pareto principle. Not only wealth accumulates at the top but also power for example. The two don't even need to be related.

What people eventually do with that wealth is an all together different thing. Personally I do not think this is "fixeable" or should even be fixed since it is a natural system in the world.

Cheers,
-P