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> Unless you are stealing, scamming, or otherwise breaking the law to obtain enormous wealth then you deserve it. Yes. > Competition ensures that only the bes
by mr_spothawk 13y ago
> Unless you are stealing, scamming, or otherwise breaking the law to obtain enormous wealth then you deserve it.
Yes.
> Competition ensures that only the best deliverers of value are making the money.
I'm not convinced that "competition" is occurring at that level. At least, not in any way comparable to the '2 entities competing in the market' sense.
PS: I like money, a lot. And I have no problems with other people having a lot more of it than I do.
- collyw 13y agoI personally believe (and studies have backed this up) that a more equal society is better for everyone. So I have a problem when people earn money excessively (I'll leave the definition of that until I have had time to think about it. in some cases it is obvious).
- holograham 13y agoYou are taking that second quote out of context. My next statement is agreeing that there are industries (like banking) that have a very obvious lack of competition. My next point was that lack of competition is enabled by government and not the free market.