Re:Elon Musk reopening Tesla factory despite Alameda County ...
by concordDance on Tuesday May 12, 2020 @04:17AM
(#23151652)
Accumulation of wealth by a single individual is a very inefficient distribution of resources (from a maximizing utility perspective) due to the diminishing value of each additional $.
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Re:Elon Musk reopening Tesla factory despite Alameda County ...
by fidelramos on Tuesday May 12, 2020 @11:07AM
(#23154785)
I don't think the accumulation is inefficient per se, it would depend on what the individual does with that wealth. Bezos or Musk invest that capital in productive enterprises, which arguably benefit society.
Edit: typo.