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Single Idea 20687

[catalogued under 24. Political Theory / D. Ideologies / 11. Capitalism]

Full Idea

The supreme commandment of the rich is 'invest!', and the supreme commandment of the rest of us is 'buy!'

Gist of Idea

In capitalism the rich invest, and the rest of us go shopping

Source

Yuval Noah Harari (Sapiens: brief history of humankind [2014], 17 'Age')

A Reaction

Hence not only do the rich get much richer, while most of us remain roughly where we were, but there is a huge gulf between the investors and the non-investors. Encouraging small investors is a step forward.

Book Reference

Harari,Yuval Noah: 'Sapiens: a brief history of Humankind' [Vintage 2014], p.390