degrowth
Degrowth MrMakabar Now 97%

UBS: More Billionaires inherited their wealth then gained it by entrepreneurship

https://www.ubs.com/global/en/media/display-page-ndp/en-20231130-the-great-wealth-transfer.html

Imho an intressting development in the completly wrong direction. However it shows the massive problem capitalism has, that it increases capital accumulation within a small group of people. It also is a strong argument against the idea of billionaires having earned their wealth.

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