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by mullingitover
858 days ago
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Beyond a few million a year, the rest of the comp is really providing something that's more difficult to purchase with money: power. So, while there's a diminishing return on the benefits of additional money in a person's life, a certain subset of people have an insatiable desire for more power. It's problematic in what's supposed to be a democratic society with a fairly flat amount of power distributed among citizens. We essentially recreate a hereditary nobility, which reduces the fitness of our civilization as a whole since we no longer have the most qualified people making the decisions. |
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Fundamentally, no one is qualified to make decisions for anyone else in the first place, and the way we ensure the fitness of our civilization is to disaggregate and decentralize power.