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I disagree with the notion that "elite do-gooders" (which seems like a pejorative phrasing) are part of the problem. These people have worked hard and brought i

I disagree with the notion that "elite do-gooders" (which seems like a pejorative phrasing) are part of the problem. These people have worked hard and brought innovations to the world to generate their wealth. They have great judgment and lots of experience, and they should be afforded the freedom to invest in the problems they value and the freedom to manage those solutions. Chances are, they will end up being more impactful than the typical waste that comes with slow-moving, bureaucratic, bloated governmental organizations. However I do also support creating a more functional market with enough room to enter so that other innovative, motivated entrepreneurs can effectively compete. That doesn't require some kind of destructive ground up rethinking or abandonment of capitalism. It requires a tweak - namely updated anti-trust laws that are actively enforced. This would achieve a different distribution of wealth and power while retaining the mechanisms we have in place to reward success precisely.

lostlogin 6y ago
> These people have worked hard and brought innovations to the world to generate their wealth. The richest three Americans have more money than the poorest 50% of Americans combined. However hard those three worked worked, there is no way that they worked harder than half the country. As COVID-19 has shown us, you don’t get far without the jobs we value the least. We need supermarkets open, bins taken away, rest homes cleaned etc. Wealth is further concentrating too, exacerbating the issue. https://www.forbes.com/sites/noahkirsch/2017/11/09/the-3-richest-americans-hold-more-wealth-than-bottom-50-of-country-study-finds/#25b87fbc3cf8 https://www.forbes.com/sites/noahkirsch/2017/11/09/the-3-ric... https://www.mintpressnews.com/super-rich-see-wealth-rise-282-billion-three-weeks-coronavirus/267027/ https://www.mintpressnews.com/super-rich-see-wealth-rise-282...

lostlogin 6y ago

> These people have worked hard and brought innovations to the world to generate their wealth. The richest three Americans have more money than the poorest 50% of Americans combined. However hard those three worked worked, there is no way that they worked harder than half the country. As COVID-19 has shown us, you don’t get far without the jobs we value the least. We need supermarkets open, bins taken away, rest homes cleaned etc. Wealth is further concentrating too, exacerbating the issue. https://www.forbes.com/sites/noahkirsch/2017/11/09/the-3-richest-americans-hold-more-wealth-than-bottom-50-of-country-study-finds/#25b87fbc3cf8 https://www.forbes.com/sites/noahkirsch/2017/11/09/the-3-ric... https://www.mintpressnews.com/super-rich-see-wealth-rise-282-billion-three-weeks-coronavirus/267027/ https://www.mintpressnews.com/super-rich-see-wealth-rise-282...