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The same could be said of anything including the keyboard I'm typing this comment on.

• nitrogen 13y ago
  Your keyboard is probably used to produce new value for yourself and others, and represents a very small fraction of the economy. A yacht (to continue the example) is a much larger chunk of economic output frozen in the control of a single owner. I'm not saying nobody should have yachts, just that the argument that the yacht builders were paid only addresses part of the economic effect of concentrated wealth.
  • Domenic_S 13y ago
    Yachts don't operate, maintain, or moor themselves.