2 ms·
> people are paid not by the value of their work, but by their scarcity So the less people there are who own the majority of the wealth on the planet, the more
by howaboutnope 5y ago
> people are paid not by the value of their work, but by their scarcity
So the less people there are who own the majority of the wealth on the planet, the more that is justified?
So their value is what, exactly? Scarcity by itself doesn't mean anything. There are diseases that are extremely rare, that doesn't make it more desirable to have them.
The rent seeking, wealth-siphoning people do need the people who build the stuff they live off. That's not true the other way around. You don't have to replace Tim Cook, you just have to get rid of him.
(edit: I don't mean Tim Cook personally, it's not intended as criticism of that particular person; but the amount of wealth such people (not to mention the people where the ratio is WAY more off) bind destroys so much productivity in the people that have to struggle as a result, that they would provide more value to the world and the people in it by not existing, than by anything they did or could possibly do)