Quote:
Originally Posted by Mr.Coffee
Regardless, opendoors assertion that wealth is aggregating to a small minority and that their wealth is unparalleled is not wrong and, if “the west” wants to function in the long-term, needs to figure out. Or eventually the rich will no longer be rich. This can be stated as almost fact if you look at what happens to mass aggregation of wealth throughout many societies in history.
Generally my opinion is pretty straightforward, the ultra wealthy can either agree to some form of normalization or have it all taken away from them, basically.
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With regards to previous wealth redistribution and uprisings against the rich I wonder if that is possible now in a global, mobile economy? In the past the economy was highly localized and it was relatively easy to fight against the wealthy plant or land owners or whatever and their assets were mostly physical. The approach that worked previously probably won't work in our era and I'm not certain how it would be possible to take away the wealth from people.