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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
futurebird@sauropods.win ("myrmepropagandist") wrote:
Is income seeking a place to be parked for passive growth a positive force in an economy?
If too much wealth is concentrated then fewer decisions will be made about how it is allocated because fewer people have the chance to make those decisions.
If there is "market magic" in a consumer choosing to buy product A rather than product B ... wealth concentration decreases that discrimination. And if the wealthy person makes a mistake it's magnified.
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