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Yes, government is bad at optimizing for moral good. Which is why billionaires should give their wealth to their own workers. If Tim Cook paid the people buildi
by AlexandrB 4y ago
Yes, government is bad at optimizing for moral good. Which is why billionaires should give their wealth to their own workers. If Tim Cook paid the people building iPhones more it would do far more good than him donating the money that comes from increased margins to some charity. The workers could decide what they need for themselves!
Instead, the idea seems to be that people are not properly qualified to identify their own needs and such decision need to be made by funneling profits to a CEO who then has superior knowledge of how to help the world and donates that money as he sees fit.
- kethinov 4y agoTurns out that billionaires tend to not want to do that, so it also turns out that using government power to compel them to do so using the power of taxation is the system that scales best.