Comment by carlob

Having people be this rich is a problem, though: periods of time where the wealth is superconcentrated have never been good for anyone, the economy slows down, because the superrich never consume in proportion with what they have, there is social unrest and eventually wars and revolutions. The times where wealth was less unequally distributed were the '50s and '60s, whereas we haven't seen this kind of inequality since 1914, and we all know what happened in the following 3 decades...