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mk · 3479 days ago · link · · parent · post: Richest 1% of people own nearly half of global wealth, says report
It's interesting in that this has been happening in democratic nations as well as totalitarian ones. It seems that the architecture that controls the flow of global wealth is somewhat independent of regional politics. Of course it can be argued that standards of living around the world are increasing overall, but is the capital that fuels this disparity captured? Could the increase in standard of living be significantly greater, and increase much faster?