Quote:
Originally Posted by TarJak
His point around the late 20th century redistribution of wealth is looking like an aberration rather than an ongoing trend is probably right. Though future history may prove him wrong.
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An aberration that may have been due to two large aberrations known as World War One and World War Two. I know here in the US a lot of people long for the good old days of the 1950s and early 60s when the US was the predominant industrial and financial power in the world. Often overlooking the fact that industrial plant and capital in the rest of the world had been destroyed or dislocated as a result of WW2, and that this was a temporary state of affairs that could never last for long. Certainly, one thing that has changed is that the super-rich one percent can be found in every corner of the world now, They're no longer confined to just Europe and America. That's egalitarianism of a sort, I guess.