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But with a flatter society you could widen the pool of people allocating resources. Elon would have less money but the rest would have more.
by 7952 2y ago
But with a flatter society you could widen the pool of people allocating resources. Elon would have less money but the rest would have more.
- DennisP 2y agoBut if you want entities like SpaceX, all those other people have to be able to invest in them. That's not the case today. I think we should loosen up those rules so they can, but that does mean some people who aren't rich or sophisticated will lose their money on ill-advised startup investments.