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What was often given as a cause for this concentration of wealth?
Wiki User
∙ 12y ago
Wealth does not concentrate, but polarize. Wealth attracts wealth. Suppose a rich man opens a bank. We will deposit with him thinking that he won't eat into our deposit. We will not trust our money with a poor man even if he is notoriously famous for righteousness, truthfulness and honesty. This is the simple philosophy behind the accumulation and polarization of wealth in some quarters and for its total absence in some other quarters.
Wiki User
∙ 12y ago
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excretion
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