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It’s about the amount of value a person can bring as a consumer. Does the consumption of food provide more value to society than the consumption of mega yachts?
by redman25 2y ago
It’s about the amount of value a person can bring as a consumer. Does the consumption of food provide more value to society than the consumption of mega yachts?
More equally distributed wealth increases the efficiency of spending (to a point) on the things that society needs to thrive.
- Tabular-Iceberg 2y agoObviously more by a huge margin by consuming mega yachts. But that’s still pretty insignificant compared to the economic impact of the companies that they run, like Amazon, Oracle and Tesla. Could you elaborate a bit on spending efficiency and how it relates to wealth distribution? I’m unfamiliar with that metric.