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by pdonis
2773 days ago
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How many is "plenty"? What percentage of people who have enough money not to do those things actually do them? My sense is that that percentage is pretty low. Yes, there are people like pg or sama who continue to work and add value even though they don't have to, and I think that's an admirable thing to do. But I think there are many more people who, once they have enough wealth to not have to work, stop working for good and don't produce anything after that. |
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A lot of it produces ZERO economic returns. But the fallacy is that we need top-down institutions to move things forward. I would argue that we are better off abolishing intellectual property laws as well and allowing everyone to contribute to open source drugs the way they do in other sciences.
Watch these two videos:
Drive: the surprising truth about what motivates us
Clay Shirky: Institutions vs Collaboration
We need more collaboration and less capitalistic competition.
I know firsthand the righteous indignation that anarcho capitalist libertarians have at “violence” being used to redistribute wealth.
But these same libertarians ignore all the coersion used on the other side. They seem to want people to be FORCED to work out of fear of losing food and housing. Some freedom for the masses - the freedom to work or starve.
And of course Property is a coercive institution just like government. It has to be enforced. So Disneyworld charges visitors entry fees and vendors rent and pays people to dress up like Mickeys and it’s top down and Libertarians are ok with that. Next door is a city that’s run democratically and what if they want to charge taxes and redistribute basic income, how is that any worse than Mickeys?