A Prout Perspective on Wealth Disparity

Capitalism, especially in its current form of corporate capitalism [what other types are there?], facilitates the concentration of wealth by powerful individuals and business entities. Due to inheritance, ineffective or regressive taxation on wealth, depressed wages, and different forms of economic and social exploitation, the rich have been gaining greater control over capital and wealth, resulting in increasing wealth disparities. According to analysts at Credit Suisse, a global financial institution, the richest 1% now owns more than half of all the world’s household wealth.

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