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I'm kinda miffed that people measure the good that the ultra-wealthy do for society only through the taxes they pay and neglect the great value they have provid
by jacoblyles 16y ago
I'm kinda miffed that people measure the good that the ultra-wealthy do for society only through the taxes they pay and neglect the great value they have provided people through the market place. As if the volume of taxation and government spending a man generates were the only ways to measure a man's worth.
- potatolicious 16y agoThere are two fundamental differences: - Taxation and philanthropy do not represent (usually) a direct benefit to the payer. For better or for worse, we as a society look more highly upon selfless gestures than selfish ones. Philanthropy is the voluntary form of selfless giving, taxation is the involuntary one. - Philanthropy and taxation have an intent to benefit others. Creating market-based value is often merely a side effect of generating direct gain to oneself. Beyond the selflessness argument, we as a society are conditioned to look more highly upon intentional acts of value creation.
- jacoblyles 16y agoI would argue that a great portion of the total wealth of society created over the course of history has been "unintentional", using this terminology. If we don't understand and appreciate this then it will be to our detriment.