I’m not a socialist, but articles such as this one make me wonder how much longer before we are all socialists (and poor). As long as trends such as this one (ie. the rich getting richer) go unchecked, we’re heading for a major showdown. It’s time for clever people (many of whom are also rich) to do something. I mean, something else than making yet more money.

Naspers announced it would pour more money into Russia for a 28.7% stake in Digital Sky Technologies (DST), one of Russia’s biggest internet companies. For the complete (unusually comprehensive) statement go here.  [Read on]