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by anoncake 1848 days ago
> Jeff Bezos does not buy bread with every incremental thousand dollars. He builds institutions that provide bread for a cent cheaper to millions of people.

Or possibly builds rockets and other vanity projects. Or bribes politicians. Whereas if that money was used to buy bread, it would definitely end up at a bread making company.

> The assumption that you can equate these utilities is exactly the fallacy that caused so many to starve in Russia and China.

In a discussion about economics, the probability that someone will bring up the Eastern Block and ascribe all its ills to whatever happens to be the not orthodoxly capitalist position being discussed somehow even exceeds the probability of someone bringing up Hitler.