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Capitalists' incomes are likely to rise because wealthy people own AI companies, so a rising capital share means higher income inequality.

Drawn from what Branko Milanovic said

capitalism
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capitalism Markets as a system rather than a market: what it is for, what it costs, and what people mean when they say they are retiring from it.

What Branko Milanovic actually said

  1. Branko Milanovic Economist specialising in global income inequality
    Income of capitalists is likely to increase because AI companies are owned by actual people and these people, like shareholders in general, are well-off. Thus the rise in the capital share also means rising incomes of the rich and higher inequality of income.

Added to korrents 14 Sept 2026 · How quotes work · Something wrong? Tell us

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