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by jay_kyburz
553 days ago
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This whole argument also assumes there is something called "Americas National Wealth" and that its a zero sum game where there is x dollars to be distributed around to everybody. Capitalism is not a zero sum game, and people can choose to turn effort into wealth or they can choose to sit around and do nothing. |
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It's usually based on nothing other than pure vibes.
It could theoretically be true if e.g. some billionaire just decided to buy up a load of houses and leave them empty just to piss people off, but whilst theoretically they probably could do this (e.g. if I back of the envelope it, Elon actually has enough net worth to offer everyone in my hometown double the market value of their house and then just leave them to rot without even renting them out), no-one actually does.