Degrowth

761 readers

1 users here now

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.

founded 1 year ago

MODERATORS

MrMakabar@slrpnk.net

149

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

submitted 11 months ago by MrMakabar@slrpnk.net to c/degrowth@slrpnk.net

18 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] schmorpel@slrpnk.net 5 points 11 months ago

Have some respect for the great gangsters of our generation.

You have a point there. Hmm. Maybe not respect for the gangster, but being astounded at their utter ruthlessness?