this post was submitted on 21 Mar 2025
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The Rich Are Hoarding Wealth — Because They Know What’s Coming (medium.com)
submitted 4 days ago by [email protected] to c/[email protected]
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Let’s cut through the noise: the ultra-wealthy are not just accumulating wealth; they are hoarding it, stockpiling fortunes at a rate so obscene it makes the concept of money itself feel ridiculous. While the rest of us get lectured on cutting back — drive less, eat less meat, recycle, make do with less — they are securing their bunkers, buying up remote islands, and building escape plans for the very collapse they are accelerating.

And make no mistake, collapse is not just some distant dystopian fantasy. We are already deep into a polycrisis — climate change, biodiversity loss, resource overshoot, economic instability, and **authoritarian creep all feeding into one another like an unstoppable chain reaction. Meanwhile, banks and corporations, who could be funding solutions, are instead dragging their feet or outright obstructing progress, ensuring the system remains tilted in favor of those who already have everything.

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[–] [email protected] 5 points 4 days ago (1 children)

Yes I heard an anecdote that describes this trajectory well on a podcast recently: when a society or economy is at the beginning of a development arc, each mile of sewer, road, power, rail, etc can be justified, as it leads to economic growth that was not possible yet. But like you say, 50-100 years later all of that infrastructure requires replacement, maintenance . And the problem is, that investment does not deliver growth, it simply maintains the economic base you already have. So you’d have to be a really long term thinking society and factor in replacement costs in upfront somehow, which would make development substantially more expensive, all for a population that doesn’t exist yet, that you won’t know… a staggeringly difficult ask.

[–] [email protected] 1 points 4 days ago

Ah - thanks for that.

The specific reason why it works out that way is somerhing I understood on essentially a gut level (as I would assume many do), but I hadn't framed it in specific terms. And that summed it up neatly.