The condensation of all property in the hands of one individual is an economic catastrophe-something like the formation of a black hole in astrophysi… - Brian Hayes

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The condensation of all property in the hands of one individual is an economic catastrophe-something like the formation of a black hole in astrophysics. It's obviously bad news for the majority of the people, who are left penniless. But even if you happen to be the big winner, your victory may prove hollow. Although you have all the riches in the world, you can't buy a thing, because no one else has goods to sell.