Some 80 individuals control half of all the world's resources. Soon there will be only one person who owns all and the system will collapse and new systems will emerge. Up to us to get ourselves educated and choose which system will prevail then.
The current system is no longer sustainable. In 2016 I wrote about why the gap between rich and poor is growing. Five years later it's basically out of control. A single individual more or less controls a third of all the world's (financial) resources. I can't say I'm happy for him because soon he wil realize he is King Midas:
What will Elon Musk eat or do after farmers, miners, factory workers, cottonpickers, et cetera have all died from hunger? Will he start eating his bonds after he has printed them out with the last working printer because there's nobody left around to fix it when it's broken? Will Musk drive a goldplated Tesla of a bridge because he realizes he's not only the richest but also the last man on Earth?
In theory capitalism is - like many economic and social systems - a fantastic system: the harder you work, the more money you make and the more things ánd time you can buy. In theory that is. We have seen that's nothing more than a myth. Or else kids who work 16 hours a day on garbage dump sites, in factories and mines would all be milionaires and no one would have heard of the Kardashians because they would have all died from hunger. Besides: nobody would recognize them as Kardashians because they would never have been able to buy new looks.
Let's simply face it: when you have more books than you could ever read, more gadgets than you could ever need, more clothes than you'll ever wear, more money than you will ever spend, more food than you could ever eat but still crave for more while literally millions of others have literally nothing, you may want to reconsider how great capitalism is.
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