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> Anyway, I think most Libertarians would be cool with a handful of ultra-wealthy, because they really think they can conquer the market someday and be one of t
by moduspol 9y ago
> Anyway, I think most Libertarians would be cool with a handful of ultra-wealthy, because they really think they can conquer the market someday and be one of them.
The existence of ultra-wealthy people isn't inherently bad.
The question is about the alternative. If everyone's quality of life improves (including relative to the ultra-wealthy), I'd rather that happen than reduce everyone's quality of life out of a sense of "fairness."
Claiming most libertarians act against their own interests because they think they can become ultra-wealthy is straw-manning the view.
- metalliqaz 9y agoThat's a good point, but I don't concede that improving fairness makes the quality of life worse for the 0.001%. Their wealth far exceeds their ability to consume it. With a small shift, you can drastically reduce suffering without effecting their life in any perceptible way.