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A comment on Billionaires amass more through inheritance than wealth creation, says UBS. Parent comment

Re:Billionaires amass more through inheritance than wealth c... by thesuperbigfrog on Friday December 01, 2023 @12:57PM (#38489865)
>> If too much concentration of wealth leads to crisis and crisis is a 'distributing' mechanism this is basically a self-correcting dynamic.

Doesn't this imply that economic hardships lead to unrest and wars?

It certainly seems so and seems like a logical conclusion.

It may be primarily anecdotal, but the last 100 years or so seem to confirm it.

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Re:Billionaires amass more through inheritance than wealth c... by lainga on Friday December 01, 2023 @01:17PM (#38490179)
For the opposite (not quite converse logically!) argument that unrest and wars lead to economic equality, I recommend Walter Scheidel's "The Great Leveler".

https://press.princeton.edu/books/paperback/9780691183251/th...

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