3 ms·
the bandit on the upper half isn't necessarily unpleasant. we applaud when someone manages to make money from stupid people. value transferred from stupid peo
by nazgulnarsil 15y ago
the bandit on the upper half isn't necessarily unpleasant. we applaud when someone manages to make money from stupid people. value transferred from stupid people to intelligent people is an important aspect of wealth creation on a society wide level. after all, stupid people often destroy what wealth they manage to get.
but I agree with the conclusion of the article. It is an important measure of a society whether banditry, helplessness, and stupidity are venerated.
- sirclueless 15y ago> stupid people often destroy what wealth they manage to get. Usually by giving it to bandits.
- nazgulnarsil 15y agowealth isn't zero sum or mercantilist. you can easily destroy wealth right now by smashing your monitor.