One wonders what the point of no return is that causes a massive economic meltdown when all the wealth is concentrated in so few hands that no one else has any resources to sustain our “consumer”-based economy. Clearly, if one person’s wealth equaled 1,000,000 times the combined wealth of everyone else, we would be over that line.
Right now, who knows? We could already be over the line but not know it until the wealth remaining in the hands of the “rest of us” finally dwindles to nothing and no one can buy food, fuel, housing, healthcare, etc. Will the uber-rich think they’ve finally “won” at that point? Or is there an insatiable appetite – a “whoever dies with the most (all the?) toys wins” mentality.
To paraphrase Joseph Welch, the attorney who took down Joseph McCarthy, “Do these people have no sense of decency?” And by “these people” I don’t mean the richest people themselves necessarily, but rather our corrupt political establishment that enables this concentration of wealth – more Republican than Democratic, but both to be blamed.