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> For all the power they hold, the innovation and improvements in society we get is abysmal. Please do tell what you would do differently.

• acituan 6y ago
  That is completely irrelevant, unless you are claiming they are doing absolutely the best that can be done. They are not, and we have a huge headroom. My argument is against singular control points, so I am not suggesting myself or any single person or instuition as a better replacement, I am suggesting not having that concentration of power in the hands of a few in the first place. Kind of like Frodo and co. destroying the ring instead of thinking they can use it for good wisely. In this case nothing is destroyed because money, which expresses goods and services one is owed to, is merely not allowed to concentrate above a certain point. Why does a major chunk of humanity’s goods and services, produced by humanity, is owed to Jeff Bezos etc? It is absurd to assume one person can wield that power properly. Having billions of dollars is not a magical measure of how much societal good one did or can do. If anything, I would trust anyone who could make billions much less than the average person to use it for good and wise causes.