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> The millionaire's ability to contribute to society has decreased by 10 units. Are you taking into account the fact that 10 people now have a means to convey
by afarrell 11y ago
> The millionaire's ability to contribute to society has decreased by 10 units.
Are you taking into account the fact that 10 people now have a means to convey to entrepreneurs that some new product or service would solve a problem they have? Does doing this on a larger scale increase the ability of an entrepreneur to bootstrap a company through revenue rather than acquiring capital from now-poorer millionaire (whom we'll assume was an investor)?
- ncallaway 11y agoI generally agree with this reasoning. You'll notice each member of society had their ability to contribute go up by 2 units. So the overall gain was 20 units, and the overall loss was 10 units, for a net gain of 10 units of "ability to contribute".