Something has to really be yours before you can share it - and having a grip on that to know what you're doing is hard enough. Sharing other people's wealth - even less likely to succeed because the unknowns are too complicated.
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"wealth sharing" isn't the right term for the issue at hand. Better term would be "incentive allocation". People "redistributed wealth" from feudals and monarchies. Now we look at it as progress and call it capitalism. Current mechanisms of "wealth redistribution" malfunctioning
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The problem with this "gas model" is that the economy is not a zero sum game. Total energy is preserved in gases, but there's a thing called wealth creation.
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Tax the rich but tax them smartly is the answer Jordanpic.twitter.com/8p2A9pzs9d
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Oh yes, it's a natural law, not anything made up and codified by humans at all! Clearly you cannot be blamed for your failure to imagine anything different.
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The problem here, Peterson, is the way we think about wealth. You see, there are 3 factors of wealth production: the sun, the earth and us. Surprised? You shouldn't be. How much wealth we create depends solely on our ability to do so. Optimization of the production process...1/n
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...and the distribution of wealth are secondary issues. However if we set up a system that assign to every step on the production chain competent labour rather than seek to distribute wealth which is more often than not not created yet, we wouldn't be in such a mess. 2/n
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And yet every Austrian economist CAN explain the current wealth distribution, but their views are not accepted in elite circles. Guys like Thomas Sowell, von Mises...
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Billionaires seem to have it figured out, considering they take quite a big share of their worker's wage
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