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> In the game, fantastically rich people never contributed to the public pot; in real life, most fantastically rich people toss piles of money at public goods l
by solinent 7y ago
> In the game, fantastically rich people never contributed to the public pot; in real life, most fantastically rich people toss piles of money at public goods like hospitals, schools, and charities.
It's easy to make an argument that this is negligible, and far more experienced people can make this argument quite well. The money should trickle down, but I think it might help if we had more wealth to trickle down in the first place.
Many contribute to charities do this to avoid taxes, I've had first-hand experience with this type of "charity". The people who actually want to help tend to want to pay taxes, in my experience.
So who is really donating to the charity ultimately?
I'm not saying these benevolent people don't exist, it's just that if you distributed all of Bezos's wealth to each person individually it would only be ~1000 per person once or less, a meager stimulus package. How is that wealth going to trickle down fast enough to have any meaningful effect? Money tends to accumulate towards those who value it the most, but perhaps more wealth could be accumulated if more of it could flow through the system without being trapped only in the wealthy hands.
It could be a win-win, or a win-lose, but it's not a lose for the rich at all if they can now select from a much larger workforce--charity money rarely reaches those that need it most. Just like how many homeless on the street aren't in a desperate situation, and those that are probably can't monopolize those good street corners.
Ultimately there's a feedback loop between supply and demand--any incentive to increase either helps the majority.
- SpicyLemonZest 7y agoI don't mean to be flippant, but I agree easy to make broad arguments about how society in general ought to work. Those arguments just don't have much to do with, and aren't particularly supported by, this game theorist's analysis of how inequality affected the game he experimented with.
- solinent 7y agoI honestly may have been unclear, so I apologize. It's directly related--these are the extra dimensions not accounted for in the criticism of this game theorist's analysis, which supposedly affect the outcome. So if you can refute my argument, you can easily say that this criticism of this game theorist's analysis is valid, but as I said, my experience does not lie in this field at all, so you probably won't find any difficulty in doing so. It's just pretty obvious to me given my mathematical background that this criticism is meaningless without an understanding of the reasoning behind how the dimensionality was reduced. My point is just that such arguments are easy to make and probably easy to prove as well. In any case, it leaves room for increasingly complex models to disagree with the results of this one. > We can't accept any model we're presented with just because it's possible that it's correct. I agree with this completely, but it doesn't refute this particular reduction of complexity either, which is the point of my post. I may have been too verbose.
- deleted 7y ago[deleted]