Seattle
Valued Senior Member
Could it be that it doesn't matter what Bezos uses his money for and that increases in productivity aren't from workers but from capital? Just asking for a friend.Yes, all fair points. Raw GDP per capita is certainly not a very useful indicator of the prosperity of the citizens, as so much depends on how that is distributed across the population. In the case of the US there is a long Wiki article on the subejct here: https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States
When it comes to how the gains from improving economic productiveity are shared there is a particularly interesting graph: https://en.wikipedia.org/wiki/Wealt...Family_Income_Growth_in_the_United_States.png
According to this, median US income has not risen in real terms since about the turn of the century, in spite of productivity continuing its upward trajectory. And thus we have guys like Bezos playing at being spacemen, mere luxury yachts now being for the little people, it seems.