foldingmoney
Joined 7 years ago
Joined 7 years ago
the argument is probably that today's extreme sports risk takers were last epoch's explorers who helped humanity conquer the planet.
Evolution just means change, and it includes genetic drift. In common parlance, 'evolution' generally implies improvement, but that's not the technical definition.
how would a wealth tax incentivise people to save more and spend less?
we've just come off ~15 years of stubbornly low inflation. if the cause is greed, did companies only just become greedy in the last two years?
>It'll hurt families who need to buy a new car or need to sell their home though.
but it'll also stop punishing families who have savings. can't please everyone.
maybe i'm too pessimistic in the opposite direction but this kind of argument always sounds like appealing nonsense to me. appealing because we'd like it to be true, and because the number of possible combinations is great enough that it's not immediately obvious that it isn't true. but in reality, skills don't generally exist in isolation, and as long as we're still attaching some kind of objective qualitative value to being 'extraordinary' beyond just being unique, most people who are mediocre at two things are not going to significantly exceed being mediocre at their combination, whereas people who are extraordinary at one thing are (in my experience) quite often at least near-extraordinary at a few others.
I'd say two things.
1. A listed business wouldn't exist in the first place (or in its present form) if owners hadn't been enticed to put up capital in the hope of getting dividends.
2. The purpose of a listed business is to pay the owners, not to produce goods or services - producing goods or services is just a means through which to pay the owners.
Please do.
It's not just misleading — it's lazy. And honestly? That doesn't vibe with me.
[/s obviously]