It also fuels the income inequality with a fatter pipe in every iteration
Who cares? A rising tide lifts all boats. The wealthy people I know all have one thing in common: they focused more on their own bank accounts than on other people's.
So, tell me, how paying fewer people less money will drive their standard of living upwards?
Money is how we allocate limited resources. It will become less important as resources become less limited, less necessary, or (hopefully) both.
Who cares? A rising tide lifts all boats. The wealthy people I know all have one thing in common: they focused more on their own bank accounts than on other people's.
So, tell me, how paying fewer people less money will drive their standard of living upwards?
Money is how we allocate limited resources. It will become less important as resources become less limited, less necessary, or (hopefully) both.