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It has nothing to do with a specific rich person, it's the underlying systems, institutions, and human-made rules that make such realities possible that's of c
by kristopolous 8y ago
It has nothing to do with a specific rich person, it's the underlying systems, institutions, and human-made rules that make such realities possible that's of concern.
It's about the allocation of resources, efficiency of the marketplace, assymetry of wealth and political power and how it affects the democratic project we've all been engaged in globally for a few hundred years.
Economic systems are human-invented games; the rules can be rewritten. Things as basic as property and trade are human constructed concept with fine human-constructed nuances (people aren't property for instance) The laws are a chosen set of axioms that can be voluntarily changed.
The question is if this is the outcome we'd like to see from an optimal set of rules. Can't we design something better that doesn't lead to mass extinction, climate change, mass poverty, and a system that crashes the global economy every 10 years?
These are open challenges to improve things, that is, if we choose to take those challenges on.