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I apologize if I misunderstood you - so much simplistic inequality talk lately. I completely agree that government corruption (and simple incompetence) are a b
by spikels 13y ago
I apologize if I misunderstood you - so much simplistic inequality talk lately.
I completely agree that government corruption (and simple incompetence) are a big part of the reason the poor are poor and many of the super rich are super rich (e.g. Carlos Slim and Latin American telephone monopolies). However these are two separate thing. If having a few super rich was the price of elevating tens of millions of people out of extreme poverty, I would be very happy. This is what has happened in China. If we could encourage this in Congo, it would be a big win.
Other than what is already being done by people like Gates the only idea I like is having government focus on things it can do well and avoid doing harm. But I think everyone knows this already and it must be almost impossible to do.