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Re:The West Forgot How to Make Things. Now It's Forgetting H... by WalterBright on Sunday April 26, 2026 @10:39PM (#47917137)
> We are all slightly worse off every time there is a new billionaire.

I responded to the zero sum theory in another reply.

I'll just say that every country that decided to get rid of its wealthy people wound up poorer, a lot poorer.

For a specific example, Massachusetts has a luxury yacht industry. The government decided that they wanted to tax the wealthy, and slapped a hefty tax on yachts. The billionaires simply took their yacht buying elsewhere, and the yacht industry collapsed, costing thousands of highly paid jobs. The government rescinded the tax.

Re:The West Forgot How to Make Things. Now It's Forgetting H... by ryandrake on Monday April 27, 2026 @09:51AM (#47921561)
> I responded to the zero sum theory in another reply.

You have ~40 responses in this thread in defense of billionaires, not sure which one exactly you're talking about.

Re:The West Forgot How to Make Things. Now It's Forgetting H... by WalterBright on Tuesday April 28, 2026 @01:57AM (#47930863)
See my posts saying that wealthy people create wealth, they do not transfer it. The transfer theory is the zero sum theory.