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The way around this, by the way, is to create some kind of alternative exchange system that only admits real-for-real exchange and makes hoarding money impossib
by immibis 10mo ago
The way around this, by the way, is to create some kind of alternative exchange system that only admits real-for-real exchange and makes hoarding money impossible.
- danaris 10mo agoNo; the way around this, as it always has been, is redistribution. I know it's considered a dirty word in many circles nowadays, but by far the most effective means we know of disincentivizing a singleminded focus on the accumulation of wealth is to make that number something you can't keep pushing up after a certain point. No human being will ever be genuinely discouraged from making a better product or making themselves better at doing something because they couldn't turn their (personal, not company) $30 million/year into $300 million/year. Because a) at those numbers, the only material difference is the number; your lifestyle won't change appreciably, and b) if you actually cared about making a better product or making yourself better at doing a thing in the first place, that kind of extra money (or lack thereof) wouldn't be important enough to change that.