Capitalism is like one giant game of monopoly. At first we all start off and we are all pretty much equal. Then a few players start getting lucky, within a few generations there is a clear divide. Not as much of stark contrast as today but its there. At this point you can still have a job that pays well while not being in the 1%. Eventually, the unlucky players run out of money and start being eliminated. That’s when the luckiest players starts sucking up money from those who actually have it. The 1% will become the 0.5%, then the 0.25%. We will one day have just the 1.
Capitalism is like one giant game of monopoly. At first we all start off and we are all pretty much equal. Then a few players start getting lucky, within a few generations there is a clear divide. Not as much of stark contrast as today but its there. At this point you can still have a job that pays well while not being in the 1%. Eventually, the unlucky players run out of money and start being eliminated. That’s when the luckiest players starts sucking up money from those who actually have it. The 1% will become the 0.5%, then the 0.25%. We will one day have just the 1.