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by snapplebobapple 1042 days ago
You miss the point of free markets. This is exactly the questionably useful ego driven nonsense that is most beneficial for self made rich people to engage in for two reasons: 1. We may be too dumb to see the value in this, in which case we win big time when something that appears stupid ends up useful. 2. Every dollar spent on this is a dollar unavailable for their trust fund kids and/or grandkids to do even more likely useless and/or harmful things with. Free markets create huge value for people who create goods and services that make others lives better to the point where it creates the secondary problem of trust fund kids who did not create anything having excess power from excess inherited wealth and doing excess harm with it due to incompetence. This is the least destructive way to dissipate that effect. (We cant just tax it away, people will hide it and also be disincentivized to create value because they risk losing control of it at death).

Note: i am not being a dick here on purpose. I am dealing with this exact problem myself and so have thought about it a lot.