4 ms·

What evidence?

• tomhoward 8y ago
  Like I said I'm not interested in ideological arguments on this topic, and the tone of your comments suggests you are. The evidence I'm referring to is the comparison over the past 100 years or so between open economies where people can keep a substantial share of the rewards for their innovations, vs controlled economies where people can't. In any scenario, elites find a way to be elites. The comparison that matters most is how badly off are the poorest. To answer your other comment and to avert a needless argument, I agree it's not black and white and I agree no system is perfect and that it's an unresolved question as to what kind of system is optimal in terms of generating wealth and distributing it fairly. My initial comment was simply to point out to the root commenter that the action they recommended would more likely lead to the opposite outcome to what they hoped.