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by sokoloff 1790 days ago
When that someone smart creates more resources, isn't is likely that they're in a better than average position to plan for its distribution, specifically including placing those resources under the control of smart people to utilize them?

I trust the creator of wealth (small, medium, or great) to allocate it intelligently far more than I trust a bureaucracy to do so.

1 comments

Hence the need for a meritocracy.