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Is that moral failing related to jealously about how others choose to spend money that isn't theirs?
by ChrisLomont 5y ago
Is that moral failing related to jealously about how others choose to spend money that isn't theirs?
- UncleMeat 5y agoMoney is not gifted to people by God. It is allocated to people by systems that society chooses. The idea of the specific "rightful" ownership of money we have today is not universal throughout history and can change.
- ChrisLomont 5y ago> It is allocated to people by systems that society chooses Exactly. And history is pretty clear that nearly everyone is worse off when society decides how to spend money instead of letting owners decide how to spend money. It's why every first world economy has a massive dose of capitalism and a tiny dose of socialism in their GDP. And why a significant part of the worst economies of the world don't. >The idea of the specific "rightful" ownership of money we have today is not universal throughout history Yet the poor (and pretty much everybody else too) in most of the world, if not all, today are vastly richer than the poor of the past.... Maybe there's a reason the world has moved away from the economic systems of the past?