Corporate culture is based on constant growth and ever increasing profit margins. Eventually they’ll amass so much of the wealth that most of the lower class won’t be able to purchase anything other than essentials like food.
No new cars, no tech gadgets, no fancy dinners, no vacations, no disposable income.
When we get there the economy collapses because there’s no money going into it.
The profits stop rolling in, unnecessary goods stop being produced, and the luxury goods producer’s shut down.
At this point the money they worked so hard to hoard becomes worthless because they can’t buy anything with it.
What’s the endgame for them if their current path takes them to a point where their assets are more or less worthless?
actually, i think you’re wrong about the ultra-rich being “essentially normal people”.
by all evidence they seem to have developed a serious mental disorder, a kind of trained sociopathy.
I’ve never seen it put in such clear nonchalant terms as in this interview .
give it a watch, it’s extremely interesting and really puts into perspective how…just utterly inhuman the minds of the ultra-rich really are…
But yeah that’s the thing, even you call it “trained” sociopathy. I.e. everyone else could be trained into it as well. Of course that wouldn’t happen because people are different, we can’t predict everything yada yada. If you grow up with awareness about richness and the good of socialism, communism and so on it’s more unlikely you make the same mistakes and so on.
But if you’re extremely poor and have a mindset of “oh I just have to work hard and then be rich eventually” and actually aspire to be rich, which a lot a lot of people do, then I think those will quickly become exactly the same as current rich people. The reason the system still works is because there are still a majority of people believing in it and supporting it. Those poorer people would, if they became rich, be essentially the same kind of rich person as current rich people.