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by seadan83 1206 days ago
Interesting point. Though, the average and certainly median american is not rich (somewhat poor even), and has worse quality of life and life expectancy than lots of the rest of world. US is behind Cuba, Guam, Chile: https://www.worldometers.info/demographics/life-expectancy/

> Yet a small group of key individuals will amass a ton of capital and, therefore, power. They can then use that to create more businesses and ventures that will be just as ruthless and driven to succeed at all costs.

I'm really not sure if that is a good thing. What are those costs? Are we talking Amazon workers wearing diapers because the walk to the bathroom is too much inefficiency? People getting layed off when they have cancer and also losing their health insurance at the same time? Further, those new businesses, would they perhaps also mostly benefit that same small group of people?