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A rich person doing nothing is not productive. They produce by giving their money to someone that is productive and getting rent on it. If billionaires and aris
by zeroCalories 1y ago
A rich person doing nothing is not productive. They produce by giving their money to someone that is productive and getting rent on it. If billionaires and aristocrats were actually a sizable amount of a country's wealth it might make sense to redistribute their wealth to the actually productive people. But they're not.
- davejohnclark 1y ago> If billionaires and aristocrats were actually a sizable amount of a country's wealth I might be misunderstanding your point, but I think they might be? E.g. in the UK: > By 2023, the richest 50 families in the UK held more wealth than half of the UK population, comprising 34.1 million people https://equalitytrust.org.uk/scale-economic-inequality-uk/ https://equalitytrust.org.uk/scale-economic-inequality-uk/