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The initial distribution of shares doesn't really matter, wealth will concentrate anyway.
by jojobas 4y ago
The initial distribution of shares doesn't really matter, wealth will concentrate anyway.
- nicoburns 4y agoNot if the system itself is actively redistributive (such as via a basic income)
- jojobas 4y agoThe more you redistribute the more you remove the incentive to produce value.
- nicoburns 4y agoThat's also true the less you redistribute at the extremes. The sweet spot is somewhere in the middle. I frankly don't believe that created value is close to accurately rewarded in modern society.