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It's important to distinguish between rights- and incentive-based objections to redistribution and efficiency-based objections to government spending. The gov
by jessriedel 11y ago
It's important to distinguish between rights- and incentive-based objections to redistribution and efficiency-based objections to government spending. The government as an organization of humans is very inefficient and wasteful at accomplishing actual tasks (e.g., building bridges), but it's actually very efficient at redistributing wealth through pure transfers (e.g., the administrative overhead of social security is negligible compared to the amount redistributed). Thus the best objections are grounded in bad incentive effects or property rights, not the inefficiency of government.
- rubyfan 11y agoI interpreted the parent comment is implying ineptitude by the government in delivering positive outcomes and my comment is in reply to that. If the regime is inept at delivering solutions why would we entrust it to take more by way of taxation to support a basic income. My comment is not about the efficiency or admin overhead of printing checks. It's about trust in government to deliver an outcome.
- jessriedel 11y agoTrust obviously depends strongly on the task. I trust my dog to fetch the ball but not do my taxes, because he's a lot better at the former.