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dv_dt 2 days ago

We are capital deployment variability limited with too much capital concentrated in the hands of too few decision makers. Inequality is an indirect measure of this and economic data generally correlates higher inequality with lower economic growth.

I think inequality causes a local maximization pattern of capital/company optimization making more profits for individual companies but dampening broader competition and exploration of alternatives which in turn is what kills higher growth

fewer larger companies also increases singularity blindness because of fewer larger investment directives