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by JumpCrisscross
753 days ago
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> increasingly impossible under capitalism for fundamental reasons Most of capitalism, historically and today, is about preserving capital and making a small return. High-growth ventures are a minority, despite how it feels in tech. |
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Inflation over the past 30 years (since 1995) is 105%--prices have doubled. Global wealth has doubled (inflation-adjusted) too. But these centi-billionaires are a whole new level.