Hacker News new | ask | show | jobs
by gnaritas 4378 days ago
There is no one why, there's a host of things that allow wealth accumulation and they all need to be tackled, but inherited wealth produces dangerous people: aristocrats who have no idea what it means to work and no appreciation for those that do, and that cannot be ignored.

And without all that wealth accumulation, the financial markets wouldn't be rigged. They were rigged by the wealthy buying politicians to get the laws they like passed. The markets are a symptom of the problem, they aren't the problem itself; accumulated wealth is the problem.

1 comments

But the fix is to undo the damage to the markets. At bottom humans are always the problem; but that's not actionable.
Nope, that's just treating a symptom; they'd just immediately break the market again and that's putting aside the point that they own your politicians and simply wouldn't allow you to fix it. Until you deal with severe wealth accumulation, nothing else matters and yes it is actionable. The French lopped off a few heads, it worked.