| ▲ | arjie an hour ago | |
First the premise of our socioeconomic system. I disagree entirely. Our system is premised on the thesis that if you are useful to others, they are willing to reward you for the utility you bring them; and that it is advantageous for us collectively to preserve a rule of law whereby people might interact safely in this way. One might work hard and fail or one might work lightly and succeed. Bulletball guy certainly worked a lot harder than many product managers I know. Now the question of assets of limited supply. That’s sound. But that’s a distribution of assets of limited supply problem. It is entirely possible to have great wealth inequality with low land ownership concentration - in the US 67% of people live in owner-occupied housing. Scotland has much higher land ownership concentration - but lower wealth inequality. So fixed supply asset concentration can exist without wealth inequality - which, to be clear, is the form of inequality I was talking about considering the original post is about it. | ||