Degrowth

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Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

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MrMakabar

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UBS: More Billionaires inherited their wealth then gained it by entrepreneurship (www.ubs.com)

submitted 11 months ago by MrMakabar to c/degrowth

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Imho an intressting development in the completly wrong direction. However it shows the massive problem capitalism has, that it increases capital accumulation within a small group of people. It also is a strong argument against the idea of billionaires having earned their wealth.

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[–] andymouse 5 points 11 months ago (2 children)

Power is like a black hole. This isn't about wealth, it's about power. It's only concern is growing itself.

This is what I learned from the Lord of the Rings.

[–] CharlesMangione@lemmy.world 3 points 11 months ago

thank you for citing sources

[–] Jordans_Vision@lemm.ee 1 points 5 months ago

This brought a smile to my face. :D