4 ms·
Not OP, but my take on that is this: if that industrious 20x / 2x value creator could exist in a vacuum there's no reason to stop them. Im fine even with a 1000
by sooheon 8y ago
Not OP, but my take on that is this: if that industrious 20x / 2x value creator could exist in a vacuum there's no reason to stop them. Im fine even with a 1000x / 1.1x split, ceteris paribus. My problem with aggregation of wealth and power is not with numerical inequality, but with the "evil" that can follow--rent seeking, externalization of costs, monopolization. If the externalities end up 0.5x-ing everyone else's wealth, this is a problem.