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by bonobo3000
3820 days ago
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What? I get the article was provocative, but this doesn't make any sense.. * If a startup/piece of technology takes $X to make (VC money, costs of running business etc.) and makes more than $X, it DOES grow the pie. This is almost a definition of the word technology (before it came to mean tech related to computers specifically). A skilled person can take $10 of wood and make a $50 chair out of it - thats value creation. * The progressive tax on rich - PG was saying basically the same thing here, not sure what you are attacking. quote: > For example, let's attack poverty, and if necessary damage wealth in the process. That's much more likely to work than attacking wealth in the hope that you will thereby fix poverty. [9] And if there are people getting rich by tricking consumers or lobbying the government for anti-competitive regulations or tax loopholes, then let's stop them. I think he was just talking about rich people kind of being demonized by the media, they like to paint a story of rich as the oppressive ruling class which everyone else needs to rise up against. That only divides people, there are peaceful solutions too.. |
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I think what divides people in the first instance is that 20% of them hold 80% of the wealth (or similar).
"Peaceful solutions" is an interesting turn of phrase also. I guess you could see the exchange of wealth as a kind of war, but in that case the person who took all the money for themselves and left very little for everyone else to go by is actively trying to win that war. In that sense the only "peaceful solution" is to play dead.