For those too who didn’t bother to read the actual article: this does not mean disincentivizing becoming rich (aka wealth taxes, socialism), it means removing the mechanisms by which rich people stay rich when they no longer contribute value.
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The goal is not to remove the existence of billionaires - it’s to remove the permanence of any individual billionaire. That is what
@nntaleb means by ergodic equality. This is what@SenSanders and@SenWarren don’t understand.Prikaži ovu nit
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Where can I find this article at? I would love to read it.
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Lol he literally linked to it in the tweet bro...
- Još 2 druga odgovora
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Does rooting out regulatory capture, rentier financialization , nepotism, and general corruption count? Or is this left up to the rich to self police; or does the mechanism do this job anyway? My town's nepotism takes generations to equalize...
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Yes displacement creates equality of opportunity, distribution destroys it
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Agreed. I remember the feeling when I first read it. Lightbulb moment.
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YES, yes, yes
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Ah! This explains why the land prices are "administered" in India!
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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