capitalism

Out of context: Reply #446

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    Of course free markets will continue to re-distribute the wealth to the top. This is simply humanity's greed at work.

    Once one CEO makes X, his successor will make XX, etc., etc.

    Then there's the simple "it takes money to make money", so when economies plummet, it is those that have money that can reap the benefits of a lower entry to stocks, housing, etc.
    Just look at housing now, all those foreclosed homes have been (mostly) bought up by investors, large and small. Now they've doubled their money and collect rent from those that don't have any reserves.

    It'll continue to spiral downward and disproportionally, imho. Money is power, and those that have some always want more, at the expense of everyone else.

    I am starting to believe the conspiracies about the 2008 crash :-)

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