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by immibis
345 days ago
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Why should the government do exactly the things that benefit society, benefit you, and don't benefit Debbie, but not the things that benefit society, benefit Debbie and don't benefit you? This is just disguised selfishness. I'm not deep enough in the theory to know whether "voluntary transactions create a Pareto-optimal outcome" is a true statement. I suspect not, because of information asymmetry and so on. Pareto-optimal is also kind of an arbitrary stopping point - you chose it because it supports your argument, not because it's actually a good one. If it was possible to make everyone 1000 times richer (in physical resources) but at the cost of making Elon Musk just another average person, that wouldn't be a Pareto move because it would decrease Elon's status, but it would still be extremely good. Why shouldn't we aim for that? |
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I want the government to provide the things that benefit Debbie and me equally, and only those things that benefit us equally.
> If it was possible to make everyone 1000 times richer (in physical resources) but at the cost of making Elon Musk just another average person, that wouldn't be a Pareto move because it would decrease Elon's status, but it would still be extremely good. Why shouldn't we aim for that?
How are you defining good? The same resources may be more equitably distributed, but ultimately the same fixed resources exist, and now poor Elon is far worse off. My point of search for pareto optimality is exactly that we should avoid this outcome because it's not better. Following it to it's logical conclusion, redistributing all wealth until it was exactly equally divided amongst the population would produce the most good outcome.