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Sure and I think solving inequality must be weighed along with increasing prosperity. Both have to be considered because often increasing one means increasing o
by simianwords 1y ago
Sure and I think solving inequality must be weighed along with increasing prosperity. Both have to be considered because often increasing one means increasing other - increasing taxes too much and there are no incentives to work and prosperity reduces. We need to find the right balance between both.
I do acknowledge that inequality can have unforeseen consequences and worth talking about and tackling today but only by considering the right tradeoffs.
- kelseyfrog 1y agoI'm trying to square these: > Increasing taxes too much and there are no incentives to work and prosperity reduces. > Your first mistake is thinking hard work matters. If hard work doesn't matter, then why care what incentives are?
- simianwords 1y agoValuable work matters not hard work. The world still values valuable work and that’s what we have to incentivize. Valuable means making things people need not personally working 20 hours a day.