3 ms·
> a fair piece Who defines what is “fair”? If it’s people, people are imperfect AF and centralized planning economies tend to fail spectacularly. I would agre
by pmarreck 2y ago
> a fair piece
Who defines what is “fair”? If it’s people, people are imperfect AF and centralized planning economies tend to fail spectacularly.
I would agree that a system can be unfair, but what changes to the system are sustainable while still incentivizing risk-taking and achievement?
- eddd-ddde 2y agoRaise taxes to 80% after making more than a million a year? That's more than enough of a ceiling to keep incentives for 99% of the population. And any taxed income comes back to the masses anyway. Of course this depends on having good government programs so that the money is not wasted or stolen.
- arp242 2y agoNo one mentioned centralised planning until you brought it up yourself. This is just boring red-baiting.
- pmarreck 2y agoNo. If you bring up what is “fair” in a given economic system, there are only 2 options: Prices set by the system/economy, or prices set by people. Why should I leave out the latter? I’m not trying to red-bait anyone since even in the US capitalist system, prices are sometimes set by humans (see: helium!)