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Right, it does end up harming the aristocrats as a whole, but no single aristocrat will actually be incentivized to stop hoarding any of their wealth.
by floe 8y ago
Right, it does end up harming the aristocrats as a whole, but no single aristocrat will actually be incentivized to stop hoarding any of their wealth.
- cam_l 8y agoThis is absolutely true, a sort of tragedy of the commons for the elite. We should institute a sort of 'enclosure' on the means of production, just to protect them from themselves.