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zackkanter's profile
Zack Kanter
Zack Kanter
Zack Kanter
Verified account
@zackkanter

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Zack KanterVerified account

@zackkanter

Founder/CEO @ http://Stedi.com  (modern EDI platform) & previously Proforged (acq by Huron Capital), future-enthusiast, occasional blogger, all-around nerd.

Boulder, CO
zackkanter.com
Joined January 2012

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    Zack Kanter‏Verified account @zackkanter Nov 11
    • Report Tweet

    If true, the “every billionaire is a policy failure” idea is woefully incomplete. $999M would still be a policy failure; $10B is a bigger failure than $1B. It’s a non-binary spectrum, then, where any amount of wealth creation is some degree of failure. Therein lies the problem.

    1:52 PM - 11 Nov 2019
    • 9 Retweets
    • 102 Likes
    • David Gardner Eclectic Spacewalk Sayantan Ganguly Austin M. Craig Kallor Michael Best Salman Aditya Ramkumar Andy Madore
    9 replies 9 retweets 102 likes
      1. New conversation
      2. Kasper Kubica‏ @KasperKubica Nov 11
        • Report Tweet
        Replying to @zackkanter

        I think taking them seriously might mean not that “any amount of wealth creation is some degree of failure” but that “failure” begins at, say, $100MM and very slowly gets more and more serious towards $1B. Can’t guess their real proposal though, maybe I’m being generous.

        1 reply 0 retweets 0 likes
      3. Zack Kanter‏Verified account @zackkanter Nov 11
        • Report Tweet
        Replying to @KasperKubica

        So it’s binary when it rolls from $99M to $100M?

        4 replies 0 retweets 0 likes
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      2. Saurabh Sharan‏ @saurabhsharan Nov 11
        • Report Tweet
        Replying to @zackkanter

        Of course there's no nuance to be found in the policy or discussion, but this seems like a "take them seriously but not literally" situation

        1 reply 0 retweets 2 likes
      3. Zack Kanter‏Verified account @zackkanter Nov 11
        • Report Tweet
        Replying to @saurabhsharan

        What I described *is* taking them seriously but not literally.

        1 reply 0 retweets 7 likes
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      1. Dominic Falcão‏ @DominicFalcao Nov 11
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        Replying to @zackkanter

        I think it's legitimate to ask what is the maximum tolerable wealth multiple, from richest to poorest, where the logical underpinning could well be that abilities and effort lie on a normal distribution, and where the extremes are a calculable difference apart, plausibly <100000x

        0 replies 0 retweets 1 like
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      1. Michael Griffiths‏ @msjgriffiths Nov 11
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        Replying to @zackkanter

        I ask quite seriously: Is that reduction to Marxism deliberate? Or is that unintentional?

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      1. Ben Schulz‏ @Bschulz5 Nov 11
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        Replying to @zackkanter

        It is possible that the multiplier in the future would be one individual worth more than an entire planet. Given automation and moon terraforming or Dyson sphere creation. Give it 2,000 years or so. Seems a long ways off, but is actually a blink of the eye.

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      1. Harry‏ @Harpind84972160 Nov 11
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        Replying to @zackkanter

        Why not political startup coming.why talent nit moving to politics

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      1. Coolerator‏ @Coolerator2 Nov 12
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        Replying to @zackkanter

        And the point

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      1. HighLordSaber‏ @high_saber Nov 12
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        Replying to @zackkanter

        Then dont pick a dollar amount. Pick a ratio between the ridiculously high earners and the lowest earners. That way it's universal, it highlights the gap, and it doesn't lose meaning via inflation.

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