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Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro... by wolverine876 on Saturday February 03, 2024 @01:38AM (#39238065)
Many fewer, actually. People lived significantly shorter, harder lives; many more died young.
Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro... by FredPret on Saturday February 03, 2024 @10:25AM (#39241158)
Of course the economy was much smaller then, especially on a per capita basis, and modern capitalism hadn’t had time to create the safe, abundant, filled-with-medical-marvels lifestyle we enjoy today.
Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro... by wolverine876 on Saturday February 03, 2024 @12:53PM (#39242853)
> Of course the economy was much smaller then, especially on a per capita basis

Indeed, and even more on an aggregate basis, the population also being much smaller.

> modern capitalism hadn’t had time to create

You're assuming that was created by modern capitalism, which I think is a major flaw. Capitalism contributed certainly, but so did democracy, freedom, rule of law, government investment, civil society, etc. etc. Just look at most of the education system, courts, security, roads, most of science, soldiers, etc etc etc.

> abundant, filled-with-medical-marvels lifestyle we enjoy today.

A great many, maybe most people in the US don't live in that world.

Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro... by latency-guy2 on Saturday February 03, 2024 @12:19PM (#39242463)
Now that tax rates are lower again compared to the "90%" rates, is the same saying not true for today compared to that time period?

So, surely, you will agree the people who live the easiest and highest quality lives are people today, and lowering tax is actually fully indicative of increasing life expectancy and quality of life.

Be consistent.

Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro... by wolverine876 on Saturday February 03, 2024 @12:49PM (#39242810)
As we've cut taxes beginning in the 1980s, most people in the US have been living worse. Now life expectancy has been dropping, iirc home ownership, access to education, etc.

I don't mean there's a 100% direct correlation, but that investment is needed for returns. If we don't invest in healthcare, we'll have worse health. If we don't invest in education, etc.

Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro... by latency-guy2 on Saturday February 03, 2024 @08:07PM (#39246480)
> investment is needed for returns

What returns? A very important part of "investing" is ensuring your losing positions are cut early and cut fast, its not continuously putting money into a black hole hoping one day the worst of the worst magically becomes the best of the best.

The rest of your comment is you being quite inconsistent, and frankly, a position that is full of lies.