'It’s easy to place the blame for America’s economic woes on the 0.1 percent. They hoard a disproportionate amount of wealth"
Why do articles like this use the word "hoard" as if the total amount of wealth is zero-sum and fixed? No, Jeff Bezos owning 10% of Amazon does not make someone else $180 billion poorer.
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[ 4.9 ms ] story [ 15.5 ms ] threadWhy do articles like this use the word "hoard" as if the total amount of wealth is zero-sum and fixed? No, Jeff Bezos owning 10% of Amazon does not make someone else $180 billion poorer.