am i crazy to think extreme individual wealth is immoral? that in an ideal world, the billions gates has paid in donations should actually be managed by the people/govt?
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Consider also that "managed by the people" is an illusion, as resources end up managed by *specific* ppl. Independently of who makes the decisions, you want available resources to be well-invested, & historically neither bureaucracies nor oligarchs have proven very good at that
Moral wealth is not wealth that's in the hands of the government, or the mega-rich, or even large numbers of middle-class people. Moral wealth is wealth that's invested in the future. And all of the above categories have the potential to mis-invest in tragic ways.
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Yes but if money isn't well invested by X governement, people can choose to elect an other one (though the choice is very limited at a national level). But there're almost no practical way to take action against bad billionaires.
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