- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
cross-posted from : https://lemmy.zip/post/57305272
Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy’s entire GDP of €2.2 trillion and approaching France’s €2.9 trillion economy, a new Oxfam report found.
Archived version: https://archive.is/20260118190308/https://euobserver.com/health-and-society/ara3abf5ee
We’ve been pointing this out ever since the concept of currency became a thing, but I’m sure we will learn our lesson this time and stop doing it. This can’t just be how it will always be until we drive ourselves to extinction stuck on this miserable rock, Right?
I think that this became an issue even before currency. It happened as soon as agriculture allowed for accumulation of resources, power, and wealth. I sometimes think that that was really the point when humanity took the wrong turn.
“I think human consciousness is a tragic misstep in human evolution. We became too self-aware; nature created an aspect of nature separate from itself."
Structural issues make egalitarian economic systems difficult. Wealth and social influence compound once another in a virtuous cycle. Wealth has a strong hereditary bias, even in socialist economic models. And violence is historically a powerful tool for accruing wealth. Very difficult to establish universal deterrence against violence.
This isn’t a question of people being smart or stupid. It’s an elaborate balancing act that becomes exponentially more difficult as population size expands.
As a very wise Irishman once so eloquently said it: “People. What a bunch’a bastards.”
Hey, the rock is fine, we’ve made society a miserable place. The pack is calling me…
Not a very good actor, but seems like a good person and he’s funny. He worked hard to be where he is so sure “the rock” is fine.