Re:National Geographic Society sets biggest layoff in its hi...
by mistermann on Wednesday November 04, 2015 @10:14AM
(#10507089)
How is that remark inane? As I see it, the concentration of wealth in the top x% is precisely the problem we are facing. Our productive capacity of a society has never been higher, but the fruits of that labour are not being broadly distributed, and it is exacerbated in certain places (Canada being one) by the simultaneous existence of an absolutely massive real estate bubble. It's an excellent recipe for disaster.
Your inane snark about "the 1%" aside (whom, by definition, own the big bucket of money. Not exactly a revelation), I agree that the lack of money that most people have saved for retirement is going to be a disaster. It's equally bad up here in Canada.