This has to be one of the most bizarre thread derails I’ve ever seen, on a site full of them.

 

The real problem is if you can’t concentrate wealth there wouldn’t be any wealth.

People would not be responsible and save money if there were no benefit we know this because most people treat the hotel thermostat differently than their home thermostat.

The only way to redirect inheritance is to change the law faster than human behavior can adapt.

You couldn’t even invest in public infrastructure for very long because eventually later generations would just check the mail with a helicopter or have a tiger on a gold leash if they knew they couldn’t preserve anything for their own kids.

Inflation would crush the masses because the millions of responsible people would quit being responsible and Ferrari would out sell Hyundai.


I always wonder when people talk about wealth concentration in the USA what country or culture ever existed where wealth was less concentrated. All you ever hear for 20 years after WW2.

So out of 5,000 years of world civilization we are the least wealth concentrated society ever, except for a 20 year period that ended 60 years ago.

 

Norway is way less concentrated. Plenty of others too. Look up the Gini coefficient. The US is one of the worst.
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All government is backed by a monopoly on the initiation of violence

 

this must mean all government is the same

 

Interesting conversation about building a custom house...where details never thought about before.

 

Pick one. The libertarians are hypocrites as soon as their credit card gets hacked, they’re in need of consumer protection, or they fail to pull themselves up by their “bootstraps”. Don’t demonize the general fund or institutions.

 

That doesn’t reflect reality though the 1% in the USA is skewed due to GDP.

The wealth of a company being attached to a single social security number doesn’t change wealth and privilege concentration in a way society can experience.


It’s also hypothetical wealth they can’t sell with destroying the price. Most company’s do good to sell the whole company for 7 years profit. So if Facebook makes 40B a year you can sell the whole company for 280B.

Facebook is advertised as worth 1.7Trillion and it makes 40B, so that is like buying a business for 1.7 million that makes 40k a year.

Like using average instead of median

 

Not exactly. Commies get one choice. We have two. No impact on pilot chatter.

 

Again, tell us you haven't observed the way govt operates while telling us you HAVEN'T observed the way goverment operates.....