Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by vacuity on Friday February 02, 2024 @07:17PM
(#39236298)
Even if that's true, I think a lot of people have a long way to go before reaching $10 million in wealth, and there always would be, so it's not like there are just a few "chosen ones" who could do so much more if they were motivated to earn $1 billion, and society will suffer otherwise.
Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by vonjuice on Friday February 02, 2024 @09:10PM
(#39236976)
> Do you think your standard of living under such a system would be lower, the same, or higher than it is now?
that would probably depend on whether you're being exploited by the current system
Imagine looking at a group of slave owners and slaves and asking a similar question with regards to ending slavery, and being all like "well let's hear both sides".
Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by gottorf on Friday February 02, 2024 @09:48PM
(#39237143)
I fail to see the relation between people participating in an economy based on a voluntary exchange of goods and services and slavery.
Do you think your standard of living under such a system would be lower, the same, or higher than it is now?
I think it would be much lower. I think most people will stop working when they stop getting paid. Some I guess would spend money as fast as they make it on experiences and services and other things that don't increase wealth. But I think many people who would in the current system have gone on to create billions in wealth would stop at $10 million and say, "OK I hit the number, moving on to the next challenge".