The historical record on these kinds of run-ups in wealth inequality ending peacefully is ...https://press.princeton.edu/titles/10921.html …
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Eh.... “conspicuous consumption” was coined on by a guy who literally lived on Sand Hill Road a century ago.
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my point: at least we got libraries out of Carnegie. That's a real, lasting capital contribution to society. What are today's billionaires doing that's comparable?
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