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by MSFT_Edging 20 hours ago
This is sorta the reasoning behind statements like "billionaires shouldn't exist".

It's not a statement that people shouldn't see fruits of their labor, but that past a certain point, its no longer about the fruits or even the tree, but the power that comes with it. In a democracy, those who get lucky in business are not owed power.

So yeah, billionaires and trillionaires shouldn't exist, because their existence is a side-channel attack on society. Pay enough money and rules don't apply. Past a certain point, that wealth should be heavily scrutinized and audited as if it's nuclear fissile material. Similar to the nuclear material, it can be productive for society, or absolute destruction.

1 comments

Why don't we just cap every dev at 75k like Europe? Not sure how this argument helps society have the drive to be an outlier and create value.
An absurd argument - 75k over a 20 year career as a dev is only $1.5 million (before living expenses and tax), which is a fraction of the $5 million lower bound in my original comment.
I find it very hard to believe that there will be no motivation to create value if you can't possess more than $999,999,999.99