4 ms·
You seem to have forgotten "the window" in the argument, separating a single participant from "society" (aka the Congolese people). If you accept that you only
by Matumio 8y ago
You seem to have forgotten "the window" in the argument, separating a single participant from "society" (aka the Congolese people). If you accept that you only care about "the Congolese people" then the author's conclusions make a lot of sense.
Except that they don't quite work without the window, which removes the needs of a single participant from the society to be optimized. A general conclusion like "wealth is toxic" cannot be made without explaining why the window is still in place.
I don't think it's spending that hurts society. What hurts is if a single person spends so much above average that it notably drains the number of workers still available to serve the needs of everyone else in that society.
- airstrike 8y ago> What hurts is if a single person spends so much above average that it notably drains the number of workers still available to serve the needs of everyone else in that society. While that could be true, we currently aren't really dealing with a shortage of doctors because there are too many people building yachts. If anything there are too many unskilled workers because our educational system has largely failed to adapt in the last 100 years.