Hacker News new | ask | show | jobs
by untog 3066 days ago
Those same 200 years have seen an incredible concentration of wealth towards the richest in society at the detriment of the poorest - and it still continues today. It is not unreasonable to ask if there is a better way to accommodate change.

I'm reminded of the quote by Ronald Wright that is perhaps better suited to today's discussion about Switzerland vs the US, but still feels relevant (and, as an immigrant to the US, very true):

“Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.”

1 comments

I dunno, wealth was pretty darn concentrated in 1800 too. Is it really more concentrated now than in the high medieval period? Wealth concentration might have deeper causes than automation.