| >>What we want Who is we? >>policies that do not make it so absurdly easy for those who already have access to capital to continue to accumulate wealth and influence at an exponential rate This will happen no matter what policy you implement very simply because if you want a society based on freedom and merit there are various motivations for people to do or not do things, like: choosing careers paths, making decisions to save and invest, how much time they spend on improving personal skills, how hard and how many hours some one is willing to work to achieve what they want etc. Based on what your value system and what you want in your life, with all the priorities there will always be some one who is frugal, hard working, is making sound financial decisions, working on personal skills and doing all that who will grow exponentially in comparison to others. >>while those who are not born under such fortunate circumstances live with an ever-increasing disadvantage. Here is a hint, unless you are born in war torn Syria or are trapped in some African civil war or born with disease you are already in a 'fortunate circumstance'. You may not realize, which is a very different problem altogether. Either there systems like social security designed to handle the exceptions. >>Of course this is inevitable to some degree due to the nature of compound interest. A tip, compound interests doesn't work just with money. It works with skills, knowledge, productivity, experience. You literally have to enforce laziness as a law if you want to stop this. |