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by jopsen
1264 days ago
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Is equality a goal in its own? Think of the incentives you setup. People won't be build large long lasting corporate institutions. Also "disbursing funds", sounds an awful lot like liquidate investments. Is that a good idea? Worst of all, whatever commissions you create will be corrupted, because so much money is involved. The commissions will make bad decisions, etc. Centralized decision making faces many of the same problems as plan economics / communism. You simply can't know what is good/bad idea at scale. Sure, privately owned corporations make bad decisions too -- but it's more distributed.
And the government isn't incentivized to cover it up. Note. I'm not saying we shouldn't have a decent estate tax. Or that the wealthiest shouldn't pay more in taxes...
Just that there things worse than private ownership :) |
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