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Sociology / Unit 6   Soc 0838 short lesson, about 20 seconds

Why Wealth Concentrates

Captions available

The idea

Wealth concentrates because assets generate returns, returns can be reinvested, and the accumulated stock transfers at death — none of which is true of a wage.

In practice

Property and holdings appreciate while their owner sleeps; an hour of labor pays once.

Where people slip

The mechanism is structural and requires no unusual conduct by anyone holding assets.

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