| Unedited bullet points on a related topic (same prefixes are linear, different prefixes connect to the others, but I haven't decided where yet): >capital concentration increases >expectations for what capital owners can do with money increases >expectations exceed available capital >investment returns must increase (race to the top) >cooperation among capital owners must increase to get better returns >capital owning group begins to self-select and become less diverse, if this wasn't already caused by the background/personality required to accrue capital >investment theory converges on a handful of "winning" ventures >because this is where capital is flowing, workers are forced to divert to these ventures >competition increases, hyperspecialization increases >expertise in and sophistication of other areas begins to decline, causing quality decline, garnering less investment; feedback loop ----- *debt cannibalizes future productivity ----- )diversity in capital ownership and management increases likelihood of diversity in investment venture target )increased competition, increased likelihood that ventures will cover needs, decreased likelihood of overweighting in one area/overproduction )solution: capital redistribution. Perhaps globally |