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reese_john | 10 months ago
In less formal or collapsed systems, wealth and resources are often controlled by a ruling oligarchy or individuals whose hard power acts as a de facto property right.
For example, many argue that Vladimir Putin is one of the wealthiest individuals in the world, despite lacking formal ownership on paper — his political and military power effectively grants him control over immense resources. Wealth inequality ultimately stems from control over resources, whether legitimized by law or enforced through power.
boh|10 months ago