• SpicyLengthiness@lemmy.ca
    link
    fedilink
    arrow-up
    2
    ·
    4 days ago

    And? That thesis has nothing to do with collapse, nor a pyramid scheme. It’s just explaining the wealth inequality.

    • kbal@fedia.io
      link
      fedilink
      arrow-up
      2
      arrow-down
      3
      ·
      4 days ago

      It’s a condition under which the inequality tends to grow, and one reason why it grows more when economic growth is less. The consequences that follow from it do involve instability that would do damage your investment portfolio and given the current situation could well lead to total collapse. Not today perhaps, but certainly within 500 years.