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A comment on Coinbase cuts staff by a further 20%. Parent comment

Re:Coinbase cuts staff by a further 20% by danielheath on Tuesday January 10, 2023 @09:24PM (#34334306)
From the perspective of those born poor with little prospect of improving their station, I don’t see how it’s obvious that the people who inherited wealth are more deserving of the money than the people who got it by scamming.

The legitimacy of the social contract that respects private ownership depends on the prospect of a good life for those who work for it.

When people lose belief in that prospect, they have no reason to respect the rules of that social contract.

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Re:Coinbase cuts staff by a further 20% by robertlagrant on Wednesday January 11, 2023 @03:39PM (#34344366)
I don't think you can lump people unable to improve their lot into a homogenous group all unable to see what money is. Some will; some won't. And that doesn't make money something else than what it is.

I agree that as individual liberty is eroded, and it's easier to just become yet another BS cog in a giant BS machine, with no incentives to make anything better, then you can descend into something authoritarian that promises a better way, such as our previous attempts at socialism, but the way out isn't to reinforce (or repeat) incorrect assumptions about money. It's to campaign for more liberty and fairness.

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