It works incredibly well (so far), just not for most people

They're a big family though, none of which have more than Musk INDIVIDUALLY.

You'd be right about Putin and other despots with de facto one person ownership of entire countries worth of wealth and resources, though.

Yeah I suspect this doesn't account for "old money" at all. That class of people is so entrenched they own such foundational layers of society that nothing touches them at all. If anyone knew what they owned it could be taxed away from them.

Remember occupy wallstreet? The wealth inequality in 2006-2007 was so bad there were tons of videos going around exposing with easily verifiable information about just how much more money the 1 percent had than everyone else. Then the recession happened and then suddenly when you went back to look at that information it had been cleaned up to make it look like the 1 percent didn't really own that much more. I think it was right around the time that Google dropped "don't be evil"

You'd have to create a threat linked to the money, so that Luigis went after anyone who kept their inheritance or dared to keep the wealth consolidated.

Eventually, someone would disseminate the money to survive.

On a related note, someone needs to hunt down private equity brokers and unethical venture capitalists the way Nazi hunters went after escaped Nazi officers after WWII, either to Luigi them or to bring them to international tribunal. Although, since nations can be influenced by ultra-wealthy oligarchs, it might not be possible to form such a tribunal. And that brings us back to the frontier justice of goomba-stomping plumbers.

"Libertarians" and BaSiC eCoNoMiCs guys blame inflation on "printing money," but they don't like to talk about who the printed money went to, which is the real problem. Wall Street and big corporate was bailed out in 2008, that's where the expanded money supply was concentrated into.

A lifetime ago I heard that "inflation is good actually, because it allows for economic mobility" as in people without a lot of money get more of the "new" money and so get to join the "middle class" (not a real class, but an income bracket).

Turns out the rich plugged up that little leak in tiny bit of wealth that actually did trickle down.

More like between the extremely super duper rich and the one even absurdely unbelievable massively hyper cyper more rich.

It's called fucking rich, since nothing about it is super...

Always has been

Michael Dell charting again is the most hilarious part.

Yes, he's truly going through tough times.

how is dell in the top 5?

Market manipulation.

Trump "truthed" (🤮) out of nowhere that everyone should buy a Dell, and the market value skyrocketed.

Not just capitalism, but every human system almost, will have those in power--by whatever philosophy--to continue to expand their power until things start to break down/heads start rolling.

There's temptation to think we're living in a unique point of history, but we're just the fresh turn of the wheel.