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Isn't it literally the government's job to legalize theft and pick the winners and losers? One of the government's main tools in regulating the outcomes of a co
by lanternfish 5y ago
Isn't it literally the government's job to legalize theft and pick the winners and losers? One of the government's main tools in regulating the outcomes of a country is tax policy and if you want to call that theft, sure, go ahead. It doesn't make it the wrong course of action to take. You even lay out a remarkably cohesive argument for that 'theft' in your statement: if wealth provides an excess of agency for the wealthy, the only way to optimize for maximal opportunity (or maximal innovation if you'd prefer that framing) is to reallocate opportunity capital from the hyper-rich to the general population. The way you get more entrepreneurialism is not by increasing the payout for 'winning' the startup lottery, it's by letting more people play.
- camhart 5y ago> The way you get more entrepreneurialism is not by increasing the payout for 'winning' the startup lottery, it's by letting more people play. I'm not arguing we need to increase the payout. Letting more people play is exactly what we need. I'm simply arguing that people winning more isn't what's preventing people from playing.