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How does that work? What assets are they benefiting from more than others? If you're in the top 3000 people by income in the UK, you get to ride the same crapp

How does that work? What assets are they benefiting from more than others? If you're in the top 3000 people by income in the UK, you get to ride the same crappy trains as everyone else, drive the same crappy roads (unless you try go everywhere by helicopter - hardly practical), get the same government services, have access to the same markets and the same products in those markets; how many companies produce luxury goods these days? Unless you're an idiot and buy diamond encrusted iPhones, the stuff in your house is going to be similar to other people's. You'll be eating similar meat, drinking the same water. You could collect rare art or something, but that's hardly a meaningful part of the national economy. The top 3000 get pretty similar benefits from the economy as everyone else, they just pay a lot more in absolute terms for the privilege.

gnaritas 11y ago
> How does that work? What assets are they benefiting from more than others? Um you're confusing equal access with equal benefit... > you get to ride the same crappy trains as everyone else, drive the same crappy roads (unless you try go everywhere by helicopter - hardly practical), get the same government services, have access to the same markets and the same products in those markets Yea, except by being the super rich, you're benefiting far more from all those same crappy assets. Think about a rich person in retail.... their millions/billions depend on the existence of all those crappy roads to bring them customers and products to sell them. When said roads disappear, you both lose access to them, but the rich person loses far more as his access to customers also depends on those roads. Equal access and equal benefit are vastly different things. The rich benefit more from infrastructure than the poor because their businesses are built upon and depend upon them.

gnaritas 11y ago

> How does that work? What assets are they benefiting from more than others? Um you're confusing equal access with equal benefit... > you get to ride the same crappy trains as everyone else, drive the same crappy roads (unless you try go everywhere by helicopter - hardly practical), get the same government services, have access to the same markets and the same products in those markets Yea, except by being the super rich, you're benefiting far more from all those same crappy assets. Think about a rich person in retail.... their millions/billions depend on the existence of all those crappy roads to bring them customers and products to sell them. When said roads disappear, you both lose access to them, but the rich person loses far more as his access to customers also depends on those roads. Equal access and equal benefit are vastly different things. The rich benefit more from infrastructure than the poor because their businesses are built upon and depend upon them.