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But when I'm dead, the wealth I generated isn't. Of course many people would benefit from cannibalizing the result of my work, but calling it "public interest"
by kova12 5y ago
But when I'm dead, the wealth I generated isn't. Of course many people would benefit from cannibalizing the result of my work, but calling it "public interest" is disingenuous. If property rights are not respected, nobody wins in the end. Look at [this video](https://www.youtube.com/watch?v=Y0IvTwBWUpE https://www.youtube.com/watch?v=Y0IvTwBWUpE) for example of what happens when mob can take your wealth at any moment. Even the poorest people with no capital win when there is strong protection for the results of their labor.
It really worries me how a bunch of people in this forum promote marxist ideas, with absolutely zero first-hand knowledge of what ends up happening, and hint: it's not in public interest whatsoever. "Democracy" doesn't mean free-for-all.
- flyingcircus3 5y agoYou're oversimplifying the problem into a binary one where either wealth goes untaxed, or communism prevails. Evidence to the contrary abounds all over the world.