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by aninhumer
2903 days ago
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Socialists usually also argue from a utilitarian point of view. The utility a person experiences as a result of increasing access to resources is sublinear, i.e. there are diminishing utility returns to an individual as they acquire resources. Therefore an unequal resource allocation is less efficient at creating utility than an equal one. It is argued that the inequality creates incentives that result in more being produced, but many socialists are highly sceptical of this claim, and especially sceptical that the level of inequality that exists is worth the loss of utility it causes. Personally, I think after a certain level of comfort is reached, people seem to be far more motivated by self-actualisation than ever increasing material wealth. |
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