I often see people say, "[Rich person] has 2000x your wealth - are they 2000x times smarter, more driven, more talented than you? No! Then how could they deserve it?" This seems like a really gross misconception of value. Example:
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But in a capitalist society, that's exactly what would happen. It doesn't matter if it saves them time, it only matters if they THINK it saves them time. And he could easily sell the idea that it does.
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What in the... the world is richer than its ever been, it gets richer everyday. Not just rich people, poor people get richer everyday. Even in the US poor people income has not dropped meanwhile they have better more useful materials and more access to wants.
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Then make it slightly less. For every 2000 hours saved, make them pay you in 1900 hours of work, so you get 95% of the value you so generously provided. This explains big wealth gaps; "everyone simply gets 1 hour richer" doesn't. It's still win/win, but it's outright parasitic.
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Free market. Someone will provide alternative pump for equivalent of 1800 hours of work. And maybe someone else for equivalent of 1700 hours of work.
End of conversation
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