Not horrifying: When your refrigerator dies and you can go buy another without blinking.
Horrifying: When you misplace a $20 bill and now you can't pay your rent.
It's really simple to understand.
Horrifying: When you misplace a $20 bill and now you can't pay your rent.
It's really simple to understand.
Take an extreme example - out of a population of 1000 people you have 1 person owning 99% of the wealth, with the other 1% distributed to the other 999. Does that seem like an efficient, properly operating economy to you?
Obviously there is some balancing needs to happen, the trick is figuring out where the fulcrum should sit for the most efficiency.