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Sociology  /  Soc 0838  ·  Atom · ~20 seconds

Why Wealth Concentrates

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Wealth concentrates because assets generate returns, returns can be reinvested, and the accumulated stock transfers at death — none of which is true of a wage.

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Property and holdings appreciate while their owner sleeps; an hour of labor pays once.

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The mechanism is structural and requires no unusual conduct by anyone holding assets.

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