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That's what I mean by "weighted". There are a lot of people with a little NPV and a few people with a lot of NPV, but the little people (in aggregate) grossly o
by centimeter 7y ago
That's what I mean by "weighted". There are a lot of people with a little NPV and a few people with a lot of NPV, but the little people (in aggregate) grossly outweigh the big people. The preferences of people who make less than $80k/yr vastly dominate the preferences of people who make more than $80k/yr.
- cambalache 7y agoBut they dont, largely. Powerful people do what they want. Income inequality has increased dramatically in the last 40 years, same for net worth inequality, educational costs, medical costs, number of working hours needed to raise a family. Do you think this is the outcome of a system where the voice of the large majority is heard? Sorry, but that is a disingenuous or a naive take.
- centimeter 6y ago> Do you think this is the outcome of a system where the voice of the large majority is heard? No - it's because we live in an anti-natalist neoliberal-progressive society and not a capitalist society. Capitalism would perform better on all axes you describe for the reasons I describe. Even Soviet communism would probably perform better than what we have now on many of those axes.