UBS: More Billionaires inherited their wealth then gained it by entrepreneurship

Imho an intressting development in the completly wrong direction. However it shows the massive problem capitalism has, that it increases capital accumulation within a small group of people. It also is a strong argument against the idea of billionaires having earned their wealth.

andymouse,

Power is like a black hole. This isn’t about wealth, it’s about power. It’s only concern is growing itself.

This is what I learned from the Lord of the Rings.

Jordans_Vision,

This brought a smile to my face. :D

TubeTalkerX,

Fuckers start on 3rd base then think it’s easy to score a home run!

HubertManne,

yeah before reagan we had a system where the more money you made the harder to was to make that much more. So large companies had to run better than small ones to succeed. that time is long gone.

ARk,

*than

LEDZeppelin,

So glad repubes got rid of inheritance tax

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