3 ms·
The $55m sculpture alone represents a huge misallocation of human resources. Equivalent to 1,255 years at $15/hour. Does capitalism oblige us to let this guy w
by horsebatteryst 7y ago
The $55m sculpture alone represents a huge misallocation of human resources. Equivalent to 1,255 years at $15/hour.
Does capitalism oblige us to let this guy waste >30 people's working lives on something so obviously pointless?
- dragontamer 7y agohttps://www.investopedia.com/terms/l/lawofdiminishingutility.asp https://www.investopedia.com/terms/l/lawofdiminishingutility... A dollar spent by a billionaire is going to be less efficient than a dollar spent by a working-class person. Its just economics.