Soggy in NOLA
Diamond Member
- Jul 31, 2009
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Is there any point of wealth concentration that is too high to sustain our society?
It's a stupid question. It's like asking "is it possible to have too much rain?" Obviously, the answer is "yes." 1000 inches a year would be too much. However, the laws of nature preclude such a thing from happening. It would also be bad if one man had all the wealth and everyone else had none. However, the laws of economics preclude such an outcome.
The question in the OP is the same as asking "would it be bad if the laws of economics were no longer in force?"
OK then wehn is the tipping point.
80/20
50/50
99/1
?????????
Whatever... I don't care.