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jameslk 2 hours ago

> Very few will accumulate all of the wealth of world.

Where do these few acquire all their wealth?

What happens when these remaining few need to compete?

whatever1 2 hours ago | parent | next [-]

In the only way that matters. They will corner finite resources and land.

Now if we are lucky and the owners are humans with a good heart (and not AI), maybe there is some room for some people (aka provide authentic experiences)

jameslk an hour ago | parent [-]

> They will corner finite resources and land.

They need a lot of money to do that. Where do they get it all from? Not the jobless masses I presume?

Investors don’t usually like to invest in companies that aren’t going to eventually earn any revenue either

strken 26 minutes ago | parent | next [-]

Money is a mirage. You can't use dollars to hold land; you need force projection.

Once upon a time that meant guns and soldiers, but today it increasingly means drones. Drones mean mines, factories, supply chains, chemical plants, and farms. Money can buy these things, but it's not the only way to get them.

You can chase the money around all day, but money is only one small part of wealth, and wealth can increase with no injection of money at all.

lumost 23 minutes ago | parent | prev [-]

The abstraction of capital and money get a bit funny when wealth is sufficiently concentrated. If there is a monopsomy (one buyer), then they can largely dictate the price of anything. If they also control violent coercion via a captured state or other means, then they can compel production at that price point.

The idea of capitalism only really makes sense when wealth is reasonably distributed such that there is still reasonable competition in both the marketplace and control of the state.

lazide 2 hours ago | parent | prev [-]

In any given game, why are there always a few (say 3) top players?

Same reason.