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Indeed, we wouldn’t want to incentivise people to produce wealth and improve people’s lives. That way inequality lies.
by barry-cotter 8y ago
Indeed, we wouldn’t want to incentivise people to produce wealth and improve people’s lives. That way inequality lies.
- kybernetikos 8y agoNo actually. We do want to incentivise that behaviour, which is why I suggested a grace period for extracting the outsized profits. What we dont want to incentivise is regulatory capture, entrenched power, rent seeking behaviour.