Tuesday, August 8, 2017

Growing wealth inequality

This article shows the ever increasing wealth gap caused by modern capitalism. It appears to validate my metaphor of capitalism to predation based food chain. As just as pure simple predator-prey models are bound to crash, capitalism is prone to boom-and-bust cycles. For a more stable economy, professional economists should study the full array of biological interactions in ecosystems and how they evolve new ecological niches for additional opportunities for interactions. We might do well to model our economies after ecosystems.

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