The only explanation I can come up with is that this happened because it could. Because money is self-reinforcing, and breeds power, which allows control.
But I don't think it's sustainable, and I think it's one of the largest, if not the largest problems with our society today.
1. I am not an economist. Is this view in any way valid? Am I seeing the right things?
2. What are the other causes? Surely the economy is complex and there are multiple driving factors.
3. What can we do?
Help us all if this can't be resolved. Because that graph is very, very scary and I see this going downhill fast if something doesn't change.
and: http://i.imgur.com/u6aU2.gif
With a plausible explanation: http://economistsview.typepad.com/economistsview/2012/04/the...
The only explanation I can come up with is that this happened because it could. Because money is self-reinforcing, and breeds power, which allows control.
But I don't think it's sustainable, and I think it's one of the largest, if not the largest problems with our society today.
1. I am not an economist. Is this view in any way valid? Am I seeing the right things?
2. What are the other causes? Surely the economy is complex and there are multiple driving factors.
3. What can we do?
Help us all if this can't be resolved. Because that graph is very, very scary and I see this going downhill fast if something doesn't change.