Why income concnetrates.

#2088

The centralizing of wealth is breaking apart society. How does it happen? Regulations and tax structures are often blamed, but I think it is more metaphysical, spiritual, and hidden. Making money requires

some innovation
Some talent

End of conventional story. But there is more. The running of a capital concentrating corporation requires management theory and structure, accounting methods, communications and physical building. But notice that the entrepreneurs only provide the money and the talent. The rest, including the education and the logistic support of the talent, is provided by society. But society is not rewarded back (taxes are a fraction of the value - as can be seen by looking at the wealth and then looking at the taxes paid). The resulting income inequality is because the society is not paid back its share of earnings that would be based on its contribution. Bad thinking, bad analysis, and narrow egotism. We should work hard to break out of this pattern but unfortunately, we might be in the endgame of the logic of capital.