striking thing while reading titan — by 1889 rockefeller was only worth about 950 million in contemporary dollars, but considered uniquely, historically, ungodly rich. today, america alone is home to almost 600 billionaires. wealth is not static.
it doesn’t feel as insane today bc 1) 19th century set the precedent and 2) our poorest are also far richer. journalists go after the wealth gap today, but nothing like the guilded age. easier to attack the rich when the poor don’t have plumbing or food imo
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Goes to show the gap in understanding of wealth gap versus baseline dynamic growth. Gap will always exist.
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