The KGB Oracle Forums General Public Discussion (SPECIAL ACCESS) KGB Political Debate Central " I am the 1% - Lets talk " - Awesome article

I beg to differ, because I have been close to that process quite a bit. Real manufacturing require major capital investments that are beyond the reach of the middle class, except when many middle class people get together to pool money - but then someone has to manage and direct that enterprise because there is a LOT to it... and the investor and financial management class is reborn.

Plus what about very successful entrepreneurs who go about diversifying or starting new business?

Picking who gets taxed by how much from how they make their money, I don't want to live in your world.

Elite Wall Street Donations Jumped 700% in the Last 20 Years



Link is as always - more wealth concentrated into fewer hands translates to more political power that leads to policies that result in further concentration of wealth.

Actually you can just as easily easily argue that power concentrated in govt leads to concentration of wealth in the politically connected. Its a feedback loop.

We can easily dismiss this assertion by looking what happens in the absence of government/regulation - the same power/wealth concentration as we see now.

Negative. Govt intervention was the root cause of much of the imbalance. Your datasets are way too small, and limited in scope to make any accurate assertions or judgements.

Give examples.

Robers Baron era leading directly to Great Depression.

How about real examples, Robber Barons or as I like to call them captains of Industry didn't cause the Great Depression.

Stop with the lefty rants and stay to facts.

The facts are nobody has come up with one thing that caused it.
There are several theory's as to what did it but if your smart enough to read a bit it was the several things that caused it and several things that made it worst.

No, Great Depression, just like 2008 recession just happened and all parallels, like speculative bubbles are just coincidence.



Sorry, I don't speak conservative. "The facts" for you is anything that you agree with, "lefty rants" are everything else, including to Webster definition of the word 'facts'.