4 ms·
Sure, here's a basic rule of thumb. We value people, just as bulk humans, at around $10mil/person. [0] (Lots of good practical philosophy at that FAQ!) Some peo
by lidHanteyk 7y ago
Sure, here's a basic rule of thumb. We value people, just as bulk humans, at around $10mil/person. [0] (Lots of good practical philosophy at that FAQ!) Some people are better than others. I've never met somebody who's 1000x better than me, though, and I don't think that they exist; simultaneously, I'd never want to treat somebody more than 1000x worse than I'm being treated. So I think that we can cap the maximum compensation at 1000x the minimum compensation, or $10bil/yr, whichever is lower.
I don't know what you've read, but one of the important features of (capital-C) Communism is a great reduction in what can be held as personal property. A Communist typically would not argue that people be restricted in how much money they hold, but that people be restricted from holding any money at all, since money has no use within a Communist commune. I'm not arguing at all for Communism.
[0] https://www.epa.gov/environmental-economics/mortality-risk-valuation https://www.epa.gov/environmental-economics/mortality-risk-v...