How Money Works

Most People Don't Realize Just HOW Concentrated The Economy Has Become | How Money Works

4 snips
Sep 29, 2025
Wealth is becoming alarmingly concentrated in the hands of a few, with private equity controlling a significant chunk of the U.S. economy. Major index funds now own substantial shares in most large companies, raising questions about fair resource distribution. Local monopolies are emerging, affecting youth sports leagues and community economics. This concentration also stifles job opportunities and hinders entrepreneurship, creating challenges for those looking to thrive in an increasingly competitive market.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Economy Concentration Is Systemic

  • Private equity, top index funds, and wealthy owners now control a huge slice of the U.S. economy.
  • This concentration changes market dynamics and leaves fewer independent buyers and sellers.
INSIGHT

Fewer Public Companies, More Private Power

  • The number of publicly listed companies has almost halved while the economy tripled in size since the 1990s.
  • Fewer IPOs and acquisitions by big firms drove private markets' growth and reduced public market access.
INSIGHT

Stock Ownership Is Extremely Skewed

  • Wealth is highly concentrated: the top 10% own 93% of publicly listed stocks.
  • That skews incentives for companies to avoid public markets since retail ownership provides little funding benefit.
Get the Snipd Podcast app to discover more snips from this episode
Get the app