I can understand why the anti-billionaire-shakedown people seem like monsters if your starting point is that liquidating one middle-ranking plutocrat could give everyone a life-changing amount of money.
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I rdon't want to pile on about the Bloomie Gives Everyone a Million thing, but I am fascinated by the fact that, totally disregarding the maths, it *sounded intuitive* to them. Makes me understand the wealth inequality debate more to know some people think that seems plausible.
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Bad take
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Could you elaborate?
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356 RTs later is a good place to spot "rdon't"
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Those aren’t any two people though. They are part of elite media institutions that have a reputation of factiness & condescend other peoples mistakes via things like fact checking.
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When I was a child, I saw a celebrity Jeopardy tournament. I saw that many of the smartest sounding talking heads knew nothing.
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exactly. they WANTED it to be true. she said "it's disgusting". She had her presuppositions and didn't do the most basic of calculation to see if her view mapped on to reality. These are largely the ppl who support bernie / democratic socialism.
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The story, as they say, was too good to check.
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Empirical studies consistently find that people significantly underestimate the extent of inequality, and that correcting these perceptions tends to increase support for redistribution on average https://www.hbs.edu/faculty/Publication%20Files/Hauser%20%20Norton%20(2017)_5b0d07bb-f8d6-4edc-bddc-434ef6cd930e.pdf …
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This empirical study indicated that wealth inequality may be a very natural byproduct of a wide spectrum of innumeracy
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