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Developing a society where the accumulation of wealth is anathema would be good. Could be accomplished by low taxes on income and high taxes on net worth, encou
by mLuby 8y ago
Developing a society where the accumulation of wealth is anathema would be good. Could be accomplished by low taxes on income and high taxes on net worth, encouraging lots of spending but not much hoarding.
But you might actually be more concerned with accumulation of power, in which case let's address that directly.
- winstonewert 8y agoThat would be terrible: it would encourage everyone to operate entirely on short term thinking rather than long term thinking which we already don't do enough of.
- mLuby 8y agoIt would put rich people in the same long-term position as poor people, so everyone would have an incentive to create a robust societal safety net.
- RhysU 8y agoPower and wealth are fungible.
- mLuby 8y agoAgreed, but if we take wealth off the table, there are still ways to accumulate power. Which is why I asked if that was the actual underlying concern.