Comment

Comment by andrewla

The concept of "passive income" is almost a scissor concept. Or maybe only if you couple it with the categorical imperitive.

On the one hand, it's so obviously true that it would be great to have passive income. Draw the salary you're drawing now, with some growth, and not have to work.

On the other hand, if everyone had access to this capability then society and civilization would grind to a halt. People make things; if people don't make things, then we don't eat, we don't drink. If the goal is to have a system where everyone can have passive income, then achieving that goal is the end of the world.

The categorical imperative roughly says that something is moral only if its universal adoption would benefit society. So there is a break there. The idea of passive income is isomorphic to rent seeking, which we generally agree is a bad thing.

parent andrewla 2 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton