Comments by "boz" (@BOZ_11) on "Unprecedented Inequality: The Top 1 Percent Captured 95% of the Income Gains Since 2009" video.

  1. "By encouraging wealth GENERATION. Not simply for ppl at the top, but everyone" We need decentralised currency for that to happen, and I don't see that happening anytime soon. Bitcoin won't grow to be a big enough threat but it's a nice complementary currency. "How the heck do you think China, a country with virtually NOTHING to offer anyone" Au contraire, labour creates wealth, and this they have in abundance. A pity the top few % will siphon most of the wealth generated by all that labour
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  2. "completely different than income equality. You've stated mass income redistribution" And how do you think we get massive income inequality without a redistribution? Massive income discrepancies are never the default position but since the inception of capitalism we've seen a perpetual redistribution of wealth, and the engines driving it are corporations, who externalise costs via govt subsidy, environmental pollution, diminishing salaries (inflation adjusted) etc etc.
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  3. If the many can't prosper then it's shit. No justification for the top 1% to gorge themselves by appropriating 95% of all income gains since 2009.
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