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The-WideningGyre


				

				

				
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joined 2022 November 14 22:45:07 UTC
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User ID: 1859

The-WideningGyre


				
				
				

				
0 followers   follows 0 users   joined 2022 November 14 22:45:07 UTC

					

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User ID: 1859

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I don't think that's true, as there seems to be a cap on human longevity -- so it seems it's more like you have a larger population dying potentially decades earlier, and then 'the rest' living essentially to near the cap, which seems to have a LEGG effect.

I think this is a matter of degree, and also that while talent is important, luck is also.

So I think most would be okay with Musk / Gates / Bezos having 100x the median wealth, maybe even 1000x, there is a problem with them having 100000x the median wealth. They may be talented, but they aren't that talented.

I may just be projecting -- I'm generally a big fan of capitalism, but I think the differences between the 0.01% and the 70% in the US are just too big -- and it's hurting overall society. I'm generally for fairly mild adjustments to redistribution (small bumps to, e.g., income tax, inheritance tax, maybe capital gains) to reduce the skew at the extreme edges.

If you add two spaces at tend of a line, that will cause a line break in Markdown.

Very useful for poetry.

FWIW this comes across as quite condescending. You're so sure you're right you don't to actually provide any evidence of it, or even an argument.

Also, the corruption. Putting in so many completely inexperienced family members, and extracting money (e.g. via forced use of your hotels) is banana republic stuff that weakens all kinds of good things.

Agreed. I wouldn't say I'm hopeful yet, but I just visited with some very historically progressive friends in CA, and all were sort of hinting at things having gone too far, which I don't think they ever would have dared to do a year ago.