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PleasureBot | 6 months ago

This is the most worrying aspect of it to me. It is hard to imagine an economy or society in general to continue functioning indefinitely with such an extreme difference in outcomes between different groups. As far as I know there is no historical example of a society that allowed inequality to grow at the level ours is that did not ultimately face massive socio-political upheaval. Needless to say it would not be pleasant to live through those times

Seems to me that capitalism, especially when unregulated as has been in the US since the late 70's/early 80's ultimately results in wealth concentrated somewhat in the top 10%, but especially the top 1%, while the bottom 90% sees their share of national wealth drop every lower.

It feels like we are entering a second guilded age, just like the late 1800's. Maybe a few world wars and a global depression will reset the board and we can start again.

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