Blog Comments

A better analogy that Maher missed:
Socialism = USSR
Capitalism = USA

I think we all know how that one turned out.

I'll take a look, again I don't think this phenmena is a bad thing cause I believe capital naturally gravitates towards that use it best that then use it for things that generally benefit everyone (in a free market, the tax code can cause this to not always be true) although in my video I've outlined two very plausible reasons.

- The natural increase in speed of wealth accumulation, like a snowball, a bigger snowball gets bigger faster

- Regulations that prohibit lower income investors from investing higher value investments preventing the ability to grow wealth in a way move their economic class in a social way.

If you are genuinely interested in why the rich get richer and the poor get poorer you should study the works of Henry George

Hadn't heard about this demand side podcast before - I may check it out. Sounds so bad it must be good for entertainment value