Tue Aug 25 22:55:42 2020
<681a6fa7> Capitalism just consumes itself. People now go to college to run businesses made by corporations. You don’t go to get a degree that is more versatile. You learn how to operate within the framework of a company. Wealth concentration will continue, it is all baked in. It is true that the fed bailing out capital has kept the rich from falling, but regardless they’re still not the ones really hurting from it all. I wish Fed hadn’t bailed them out either, but don’t think capitalism and technology don’t also aggregate wealth. Technology makes everyone more wealthy while also leading to the vast difference. BTW no clue who Picketty is but it sounds right to me.