If you push the button, wealth inequality in the US is reduced to 10% of where it is now. This happens by vanishing the wealth of the wealthy, proportionately according to wealth, until the disparity is reduced by 90%. Do you press the button?
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Deleting dollars as much as that works out to, and then destroying non-visible commodities, and then if that still doesn’t bring down the gap to 90%, then the last bit would be actual physical commodities
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I said no because of a general intuition that hurting one group doesn't inherently help another, so aside from decreasing an abstract idea of inequality this doesn't help anyone. I'm guessing that's true of most people voting No.
That said, I'm not entirely sure that logic holds
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Does the magic button artificially decrease the assessed value of assets held by the wealthy, or does it destroy the wealth in real terms? As in, is Amazon stock now worth much less, or are a bunch of warehouses gone?
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