it's easier to get rich if you already have money to invest, and if you already succeeded in getting rich, you already know how to get rich
Another example of the Pareto effect. Inequality is an emergent property not a designed function. https://www.theatlantic.com/business/archive/2017/04/richard-florida-winner-take-all-new-urban-crisis/522630/?utm_source=twb …
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The solution to rent privatisation is to socialise it. Yes, I hate that word, too, but it's true.
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Pareto effect does often obtain in complex social dynamics. But not all inequality is an emergent outcome. Kleptocracy & corruption are real
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IMO it's mostly due to interest. If you're on the right side of the equation you get richer without doing anything and vice versa
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A deeper look at our fiat money system, money creation and it's function plays a large unrecognized role.
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Money is a fulcrum. Placement of it is by design.
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