3 ms·
> it’s not so clear that redistribution is necessarily a good thing It's unclear what you mean by "redistribution". > I feel the people who made money are mor
by triceratops 11mo ago
> it’s not so clear that redistribution is necessarily a good thing
It's unclear what you mean by "redistribution".
> I feel the people who made money are more likely to make better decisions on their own companies
The majority of publicly-listed companies aren't majority owned by their founders. They're still focused on profits and being competitive.
Instead of "redistribution" the way you imagine it (central planning), what if it was more like a sovereign wealth fund?
The government owns shares in all companies, like an index fund. It acts like a normal institutional investor. In fact I wouldn't mind contracting out the management of these holdings to a sober company like Vanguard. And dividends from these holdings are used to reduce income taxes. Stop penalizing people for working and earning more.