cross-posted from : https://lemmy.zip/post/57305272
Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy’s entire GDP of €2.2 trillion and approaching France’s €2.9 trillion economy, a new Oxfam report found.
Archived version: https://archive.is/20260118190308/https://euobserver.com/health-and-society/ara3abf5ee
No shit!
Most of the words ultra-wealthy are verifiably sociopathic. Capitalism literally rewards those who posses the least empathy, the most.
And so the fall to not only plutarchy, kleptarchy, oligarchy and monopoly ensues, but also already to malarchy and kakistarchy.
Thanks the corporation (and the unfortunately necessary sequel).
It’s more than that. It’s a feedback loop. Having distance from the consequences of your actions encourages sociopathic behavior. Power such as wealth is the easiest way to create that distance, even if you don’t want to
Sounds similarly damaging and dangerous psychology as that of totalitarianism.