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Energy Inequality (James Conca, Forbes) USofA
08.Aug.2016
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James Conca, Forbes: The growing disparity of wealth today has many parallels with the unequal societies that emerged in the Middle Ages, where wealth and power resided primarily in the hands of a few feudal lords. But wealth inequality is not the same as energy inequality. And that is the primary difference between economic inequality in present-day America and Medieval Europe. Wealth inequality is still about a factor of a million, but energy inequality is down to a factor of about ten. That is because energy has never been so cheap and plentiful in the history of humankind as it is today.

www.afremov.com www.afremov.com Leonid Afremov
Read 595 times Last modified on Thursday, 12 October 2017 05:06

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