Peter Thiel & @EricRWeinstein in their great podcast say that a goal of economic growth is the reduction of violence
Ppl also say that’s the same goal of reducing inequality
Economic growth tends to increase inequality
Which causes more violence - lack of equality or growth?
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What’s the best argument for why we should prioritize reducing wealth inequality that’s at the expense of growth?
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Replying to @eriktorenberg
This is an incredibly lazy straw man characterization.
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Replying to @kimmaicutler @eriktorenberg
It’s also a terribly leading question. Violence is committed to protect ave of economic growth, fueling trauma and inequality. Why wouldn’t you ask what violence + amt of violence and for who is tolerable to guard against challenges to growth vs optimizing for less inequality?
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Replying to @vanessamason @kimmaicutler
Good point re asking about the flipside of economic growth and violence, and how much violence is saved vs spent.
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I find Thiel’s take ahistoric—at least from a US POV. Violence and the threat of violence was used to ensure massive inequality (slavery, Jim Crow) for blacks while gov’t subsidies (home mortgage guarantees, New Deal, GI Bill) were the main avenue of wealth creation for whites.
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The roots of police and prisons as institutions are in using the state’s monopoly of use of force to protect propertied interests and those in power with resources from the threat of violence.
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Hi Kim! What do you think there is a more complete/non-strawman characterization of Theil’s views?
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