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That’s not how markets work. If you gave everyone a Lamborghini, the value of a Lamborghini would plummet, so the wealth measure doesn’t move. Also, resources h
by bottled_poe 6y ago
That’s not how markets work. If you gave everyone a Lamborghini, the value of a Lamborghini would plummet, so the wealth measure doesn’t move. Also, resources have to come from somewhere, and that has a cost. The theoretical you’ve proposed doesn’t hold up to much scrutiny and doesn’t seem like a useful model.
- roenxi 6y ago> ... If you gave everyone a Lamborghini, the value of a Lamborghini would plummet ... If your argument is that the person with a Lamborghini isn't materially better off in a real sense and that wealth inequality is therefore a social construction then I am profoundly confused if you are also aligned with the article's thesis that pitchforks are going to be involved due to wealth inequality. The logical conclusion of that line of thought is to destroy the Lamborghini to promote wealth equality, which is stupid.
- nunez 6y agoSee also: Aston Martin