Re:How Paul Graham Gets It Wrong in “Economic Inequality”
by ZenoArrow on Sunday January 03, 2016 @04:20PM
(#10832462)
> "What are you going to do, confiscate inheritances?"
You can call it that if you want. With regards to inheritance, I'm suggesting setting a maximum amount that any single individual can inherit. The rest can go towards funding public infrastructure.
> "Sure, it feels good to say somebody who was born into the lucky sperm club isn't entitled to the fruits of their wildly successful parents' labors. But I'd rather bring up the floor than pull down the ceiling."
I'm not arguing for everyone to be poor, I'm suggesting that there should be a limit on how much richer someone can be. It's the ratio which is important. If a ratio is set, and you want to raise the upper bound, all you need to do is raise the lower bound along with it.
You can call it that if you want. With regards to inheritance, I'm suggesting setting a maximum amount that any single individual can inherit. The rest can go towards funding public infrastructure.
> "Sure, it feels good to say somebody who was born into the lucky sperm club isn't entitled to the fruits of their wildly successful parents' labors. But I'd rather bring up the floor than pull down the ceiling."
I'm not arguing for everyone to be poor, I'm suggesting that there should be a limit on how much richer someone can be. It's the ratio which is important. If a ratio is set, and you want to raise the upper bound, all you need to do is raise the lower bound along with it.