Quote:
Originally Posted by CalledDownLight
plenty lack these things and that is terrible. However, it doesn't mean we should punish success through forcefully taking someone's stake in a company they founded and built. If you want to tax his income at higher rates then that is reasonable, but taking someone's ownership stake from them is no more morally acceptable than taking their ownership stake in their house or car or groceries in their refrigerator. These are things they own.
Assuming you forcefully distribute this luck globally as seems to be your premise, what would incentivize someone like Bezos to keep pushing forward? What would incentivize me or you or other posters in this thread to work beyond whatever the minimum is to live comfortably given we know that if we push through that level of professional success we don't reap any of the benefits ourselves?
I'd argue that a connected society is a positive and isolated communities are net negatives in that it costs more to provide resources or public goods to those in smaller communities than people in large cities. Thus, anything that brings people into more densely populated areas is good even if it is the brain drain that has seen people flee rural America for better opportunities in bigger cities.
I think plenty of people could tell you what motivates them beyond money to push forward in their careers. I'd say it's pretty unhealthy if they couldn't. I doubt Bezos gives much of a **** about moving from 5bil to 150bil anyways.
Besides, the issue is much much bigger in scale than you're attempting to address here. Most of the world is getting ****ed over by,
A, failing to be a historical colonial power who got to fast-track their snowball of capital accumulation and be at the front when the industrial revolution started (most opportunity to accumulate the type of wealth we're talking w/ Bezos either come from extreme wealth, or come from an upper class+ background w/ extreme luck [ex. bill gates])
B, having a lack of state infrastructure and stability to protect their ability to innovate (you need a state to protect property rights, intellectual rights, it's pretty hard to build the next iphone when you have no schools and your country is being bombed to shreds by two different countries fighting a proxy war over a couple ports *cough cough Syria*)
C, state leaders from countries w/o that infrastructure and stability having more incentive to coalesce to foreign old wealth than to current upstarts
i'm realizing I could go on forever, but there's so many reasons that even the implication of a fair market is absurd. people who have the wealth to change the status quo have direct incentives to keep things as ****ed up as they are currently. and honestly outside of health, i'm not sure i give a **** about innovation as a value in the first place, and to act like the incentives in medical research are aligned w/ those of the people receiving treatment is so ****ing idiotic I don't think I have to go to the trouble to explaining it.