Comments by "Snack Plissken" (@snackplissken8192) on "Are Traditional Social Classes Disappearing?" video.

  1. It makes sense that as new technologies drive the production of greater and greater wealth that the value of the old money would decrease relative to the new. We are no longer the same society we were in the past where hereditary ownership of land was the only determiner of wealth. Countries like Venezuela waste their resources on graft like a cocaine-fueled heiress, while resource poor countries like Switzerland or Israel create businesses and technologies that create new wealth like a college student's garage startup company. The more value that can be created with innovation, the smaller the percentage of the pie old money resource control will be.
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