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In a general sense is it not better for all people to be in he business of creating value than to quarrel over transferring it from one to another? I believe th
by wallace_f 10y ago
In a general sense is it not better for all people to be in he business of creating value than to quarrel over transferring it from one to another? I believe that if you care about human welfare, then it is obvious that it is.
- hx87 10y agoBecause distribution of value is important, and people believe that distribution of value is important. After all, there are limits to how much I can feel your well-being, and vice versa.
- wallace_f 10y agoThat is not even exclusive of my statement. I actually support wealth redistribution, and I even buy in to the concept of diminishing returns in utility to increases in wealth, like you said--though, economists do debate whether that's actually true.