Re:Billionaires Build
by chillwaves on Friday December 04, 2020 @03:54PM
(#25307801)
r > g, where r is the rate of return and g is the overall economic growth of the economy.
It means the rich capture a growing portion of productivity, and in modern days it is on the strength of the financialization of productivity, not necessarily people actually doing work.
How is this an optimal system? How is it even a functioning system? What we are doing as a species, today, right now, is not working and our ability to live on this planet is increasingly in danger.
It means the rich capture a growing portion of productivity, and in modern days it is on the strength of the financialization of productivity, not necessarily people actually doing work.
How is this an optimal system? How is it even a functioning system? What we are doing as a species, today, right now, is not working and our ability to live on this planet is increasingly in danger.