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It's not about the investor who makes $10B. It's about the economy that you are able to get when you have incentives for people to take these kinds of risks. Th
by kevinpet 3y ago
It's not about the investor who makes $10B. It's about the economy that you are able to get when you have incentives for people to take these kinds of risks. The investor making $10B along the way is incidental. I mean, not from his perspective of course, but from society's.
- quickthrower2 3y agoMini-kings might be a good thing for society. Imagine everyone is middle class, and the government is the only entity that has large amounts of money. I think we are lucky that geeks are also getting rich and may do geeky things (such as things for the greater good), with some of that money.
- c-cube 3y agoEveryone middle class, no poors, no homeless? That sounds extremely nice, better than current society's big inequalities.
- quickthrower2 3y agoOh I really meant being capped at middle class. But everyone middle class would be great.
- deleted 3y ago[deleted]
- AndrewKemendo 3y agoYou get an economy where money and power is the highest goal and turned into a religion. So yes you’re correct, this is precisely the problem.