Remix.run Logo
WalterBright 2 hours ago

> If the top 10% of people suddenly had their wealth double overnight

Since that doesn't happen, there's not much point in worrying about the consequences. Here's why it doesn't happen:

The value of something is determined by what someone else is willing to pay for it. There would be nothing to sustain a wealth doubling, because there wouldn't be anyone willing to pay for it.

illiac786 an hour ago | parent | next [-]

Wealth inequality leads to lots and lots of power concentrated in a few people. That’s the problem.

It’s a money aristocratic system, and that’s really bad for anyone not belonging to the aristocracy.

And if they continue on this path, we might see heads roll.

WalterBright an hour ago | parent [-]

1 man, 1 vote.

fragmede 6 minutes ago | parent [-]

Rich man, PAC advertising

pixelatedindex an hour ago | parent | prev | next [-]

You’re missing the forest for the trees. Yeah the item cost doesn’t double, but it goes up significantly because now your addressable market has 2x money.

stopping an hour ago | parent | prev [-]

Is anyone else having trouble parsing this comment or is it just me?