Re:The Death of the Middle-Class Musician
by voidhorse on Sunday June 29, 2025 @07:11AM
(#44412148)
No one is suggesting to "make Mr Zuckerberg worse off".
The inequality problem is about access to material resources. Money is just an abstraction. No one is seriously suggesting to refuse zuckerberg access to good things on principle or to just diminish and not redistribute his wealth, that's preposterous.
The point is that access to capital is access to resources. The people that hoard capital necessarily end up hoarding important resources and they use this imbalance to then extract further capital from others and further their position, thus in turn gives them power. The problem is all about bringing more balance to this situation so that we avoid a return to feudalism in which a handful of people have control over all the resources and power and everyone is is basically just beholden to their whims.
The inequality problem is about access to material resources. Money is just an abstraction. No one is seriously suggesting to refuse zuckerberg access to good things on principle or to just diminish and not redistribute his wealth, that's preposterous.
The point is that access to capital is access to resources. The people that hoard capital necessarily end up hoarding important resources and they use this imbalance to then extract further capital from others and further their position, thus in turn gives them power. The problem is all about bringing more balance to this situation so that we avoid a return to feudalism in which a handful of people have control over all the resources and power and everyone is is basically just beholden to their whims.