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by clay_the_ripper 2819 days ago
I disagree. Just because someone got rich doesn’t mean they created value for society. It’s just means that they were able to capture some meaningful % of the money that flows around and take some for themselves. It also ignores the massive externalities of the destruction of the natural world. Yes, an oil tycoon can get rich, but only at the expense of an externality we all pay for (pollution, climate change) that is not factored into the price of the product they sell.

This is the central fallacy of capitalism and is the “greed is good” methodology. Greed is not good. Good is good. Helping people is good. Valuing people’s lives is good.

I read a great definition of evil: anything that values systems over people.

People and their well-being is the most important value in the world. Not money. Not wealth. Not shareholder value. You can create enormous shareholder value and still ruin people’s lives. That’s called evil.