Even though I agree with the author in terms of moral hypocrisy, what is the better alternative for the existing system?
Of course, we can suggest many alternatives. But the implementation requires the buy in from the people who have loads of money. Then, this boils down to the personal preference of capitalist or the moneyed interests.
Isn't it (one's personal preference, that is) the same as people of the same kind club together. Like alumni clubs of elite schools; paypal alumni; friends of the big money and power. How can one destroy such networks? Even some hypothetical system destroys such networks, such a hypothetical system ends up setting up another network: think of the polit bureau of the Chinese community party. These politburo members own various industries in China.
Of course, we can suggest many alternatives. But the implementation requires the buy in from the people who have loads of money. Then, this boils down to the personal preference of capitalist or the moneyed interests.
Isn't it (one's personal preference, that is) the same as people of the same kind club together. Like alumni clubs of elite schools; paypal alumni; friends of the big money and power. How can one destroy such networks? Even some hypothetical system destroys such networks, such a hypothetical system ends up setting up another network: think of the polit bureau of the Chinese community party. These politburo members own various industries in China.