▲ | Wobbles42 6 days ago | |||||||
Without society it's pretty hard to be well off in the first place. The entire concept of property becomes pretty meaningless without some very basic concepts of a legal system and territorial integrity. Without that you can only own what you can physically defend. Wealthy people and large companies do generally employ security, but that is merely supplemental. They enjoy the backdrop of a society where the vast majority of people at least recognize the basic concept of ownership, and where protection from external state actors is provided. More to the point, they live in a system where most people see negative expected return from just killing them and taking their stuff Abstractions like insurance further require a system where agreements can be made and mostly enforced, and where the need for the insurance is low enough for the premium to be workable. The small security team at any given company is there to handle the the exceptions that don't conform to the larger society's rules. It doesn't replace that protection entirely. You'd need a standing army for that, and you'd have to work full time just to maintain its loyalty. Even with no direct services whatsoever, people benefit from society in more or less direct proportion to their wealth -- and arguably the benefit accrues exponentially as wealth increases, given that this enables the exponential growth of capital. | ||||||||
▲ | robocat 6 days ago | parent [-] | |||||||
> Without society it's pretty hard to be well off in the first place. What a pointless argument - you could just as easily chose cause and effect in the other direction: without businesses then society has nothing. Zero businesses, zero tax income. My main point is that society needs to encourage business owners. If marginal tax is too high, then owners have no incentivise to earn themselves an extra dollar. When owners earn less then society gets less. There's a balance to incentives. I'm not working currently because my taxation rate is too high. I'm fine with that since I value my time highly. However financially my country could be getting more from me by lowering my taxes enough to encourage me to work. But voters don't care about what is sensible - they care about optics - and politicians care about voters more than they care about the economy. | ||||||||
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