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> This is one reason why we should never reward people with these ridiculous levels of wealth in the first place. Who are we and why do "we" do that?
by inshadows 5y ago
> This is one reason why we should never reward people with these ridiculous levels of wealth in the first place.
Who are we and why do "we" do that?
- nicoburns 5y ago"we" are society deciding on an economic system and taxation regime. "we" currently reward people with this amount of wealth generally because of a majority belief in one or more of the following (none of which are true in my opinion): (1) They deserve this money, because either: (1a) it represents a proportional reward for work put in (1b) any money gained under a market system are deserved/earnt, and taxing those earnings is stealing (2) That rewarding people in this manner (without limits) is the only way to motivate people to work hard, and that this ultimately produces better outcomes than distributing our economic output more evenly
- inshadows 5y agoAre you absolutely sure that you and Bill Gates live under the same economic system? Because I suspect that you describe some other economic system than capitalism.