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It would hurt people who own property because it would make them relatively less wealthy compared to people who don't own property.
by geysersam 2y ago
It would hurt people who own property because it would make them relatively less wealthy compared to people who don't own property.
- mistrial9 2y agoif the emotional reality of humans are "hurt" by others doing "less worse" then they are .. then this signals a powerful downward spiral of the social contract.. It could be said that similar feelings continued long ancient traditions of privileged priesthood, Monarchy and even the institution of slavery
- geysersam 2y agoIt's not that dramatic. Consider if everyone got a check for $1 million. Except you. Would you like that? Probably not. But not because you're an unkind jealous person. You would not like it because if everyone else suddenly has significantly more money, the money you had before is suddenly worth less in terms of what you can afford to buy for it. Same goes for other assets like houses. If houses are suddenly worth more your savings are worth less.