Problem

Non-productive capitalist elites

Nature:

The creation of a non-productive elite follows from private ownership of the means of production. Therefore most of the nation's wealth accrues to its least productive members, who may render the economy unstable through speculative ventures and investment abroad. As science and technology replace manpower as the means of production, so the social and economic gap widens between the elite and the proletariat who face rising unemployment without redistribution of wealth.

Problem Type:
E: Emanations of other problems
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic Growth
Date of last update
08.05.2019 – 21:07 CEST