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by shafyy 38 days ago
Could also be possible today, but we chose a capitalistic system that leads to an increasing wealth gap. And now we're in a situation where the richest 1% own 50% of the wealth.

So, if we increase automation and the ownership structures stay the same, this inequality will get worse, not better.

1 comments

It’s interesting, people talk about inequality and I definitely feel it myself – I see so many rich people around me. But I am in that 1%, just like many on this forum. At least according to https://dqydj.com/average-median-top-individual-income-perce... yet I still have to work for a living.
Too 1% income don't put you in the 1% richest as lots of people are rich because of inheritance, not income.
You might be in the 1% gloablly, but probably not in the country you are living in?
I'm 1% in US.