I will try to summarize my points: A big biz is just a small biz at scale (fact) Being big doesn’t equal being bad (logic) Most big companies aren’t tax dodging, welfare abusing monopolies (true) If a biz abuses the system, that’s a bad biz, not a bad system (logic)
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it's almost like there's a finite amount of wealth and if a very small number of people gain huge amounts of it by exploiting positive feedback loops in a highly stochastic and largely unpredictable system then that leaves less for the rest of people
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There is not a finite amount of wealth or a limit on what a society can produce. You create value by creating something someone else will pay for. Velocity (how fast $ changes hands) matters. Faster velocity increases GDP. Hence we should be careful putting limits on businesses.
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Why should people care about a relative metric like that? What matters is whether people’s lives are improving. If you become wealthy because you invented something that improved my life, created my job, etc should I be jealous of your success or thankful for your contribution?
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