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I agree that it's good to evaluate what's the best thing to do right now to reduce suffering. I don't believe that extreme forms of redistribution work, and we
by sdfin 7y ago
I agree that it's good to evaluate what's the best thing to do right now to reduce suffering. I don't believe that extreme forms of redistribution work, and we do have redistribution in the form of taxes right now.
> now more than ever, a lot of the productive capacity of money is being needlessly accrued by relatively few people who, on average, don't possess the the knowledge or will to apply that capacity to society's problems. Under those conditions, the potential for growth and productivity in the future is needlessly limited.
The people who accrue a lot of money is able to do that because either they profit by selling some useful product or service that others desire and buy, or because they invest some land or form of private property they bought or inherited, or because they steal or acquire by illegal means that harm others (like corruption). I don't believe that we should consider equally the rich businessmen who became rich providing something useful to the world, and the corrupts. If the good businessman is punished with taxes or confiscatory laws he would be less able to produce something useful and demanded by society. If the corrupts are punished, everyone wins.