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Fallacy of Hating the Rich
- anovikov 10y agoI'd put it even bigger: if someone didn't buy a Ferrari but spent the money on the food for poor, it would work. But if all or many rich did that, it would result in little but increase in food prices and decrease in Ferrari prices. Only second order effects (increase of food production because producers now make more profit so they will invest into using land more efficiently) will very insignificantly benefit the poor. Plus some auto worker strikes in Italy.
- perfmode 10y agoIf you educate the poor, you accomplish more than simply causing the price of education to rise.