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I mean, it's hard to say for sure that on the large scale allocating extra money to poor people would be any more efficient in the long run. Rich people buy thi
by logicprog 7y ago
I mean, it's hard to say for sure that on the large scale allocating extra money to poor people would be any more efficient in the long run. Rich people buy things, paying a lot of paychecks. They are also funding a lot of innovations and putting in investments. Things that improve more lives over time than just giving random people lump-sums. Furthermore the question is also: who gets to decide where that money goes? A sibling comment mentions money allocation. Allocation via distributed emergent system is what we have now. To try to allocate more "efficiently" you need someone to manage it. Who should do that job? Sounds like a great/horrible one.