Acquiring wealth through production is acquiring wealth honestly/cooperatively/pro-socially. If creation. Of social good gets a fixed and shrinking fraction of the pie, individuals can get ahead honestly, but the class of honest people has to fall behind as a consequence.https://twitter.com/s_r_constantin/status/1233903354830454784 …
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Replying to @HiFromMichaelV
Ah I think I see. There’s an ambiguity around how “proportion of wealth going to production” relates to “number of people who have the opportunity to increase wealth going to production” but you’re assuming they’re directly related most of the time.
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Replying to @s_r_constantin @HiFromMichaelV
They wouldn’t be that relationship, for instance, if somebody produced a bunch of wealth, very large compared to the whole economy, and willed it to his heirs forever. That would make a smaller % of the economy due to productive work, but might not harm anyone else’s ...
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Replying to @s_r_constantin @HiFromMichaelV
ability to get rich from productive work.
9:03 AM - 1 Mar 2020
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