There is a persistent and perhaps fundamental problem of balancing self optimization and social optimization.
A group of people are trudging through the desert with limited water arduously pumped from scattered wells. Do you ration water such that everyone gets equal amounts or such that those sweating the most get the most.
Solve this dilemma accounting for the fractal parameters that go into it, and you'll have a utopia.
> balancing self optimization and social optimization
A person in a society has a right to the minimum of essential ordinary resources (food, shelter, clothing) to function as a general matter. (We have a right to pursue other goods, and in some cases a right to them once had, but we cannot say we have a right to them per se and before the fact. We have to be careful to distinguish between the two, as undisciplined and entitled people consumed by appetite tend to be unprincipled and like to inflate the list of “essentials” in self-serving ways. There’s certainly a pathology of envy at work as well, and we should in no way naturalize envy.)
In a situation of scarcity where there isn’t enough for everyone (which does not apply to the developed world), there is no solution that could satisfy that right universally. There is therefore no injustice committed when such basic resources are not distributed accordingly. Whoever gets their share gets it; whoever doesn’t simply doesn’t. You would expect competition here. Now, you could be charitable and self-sacrificial and give up your own share for another, but you have no such obligation to do so, and thus no one has the right to your share. Such charity would be an extraordinary act that transcends mere justice. It is entirely voluntary, even if heroic.
> and you'll have a utopia
Well no, you wouldn’t. This is the fallacy of consumerism and homo economicus. Even if everyone were rich, you would still have plenty of misery. The idea that human well-being is rooted in mere consumption - full stop - is at the root of so many ills. There is no well-being without virtue.
More like most people are dragging a cruise ship through a desert while being baited with the possible opportunity to belong to those enjoying the endless buffets and on-board water park.
This whole "should we ration so everybody gets some" is complete BS. There is an abundance of resources that are concentrated to a few and the rest made to suffer. We don't have to ration, we have to prevent the greedy from hogging it all. It's quite the opposite.
Funny how the choice of an analogy can set bounds to the set of accepted solutions.
Instead of trudging through the desert, or escaping a sinking ship, or surviving in a dog eat dog jungle, I prefer to compare modern society with a large boarding house, where every one has to cooperate a bit to make it work reasonably well.
A poltical philosopher from the XXth century once wrote: "At the end of the day, all we are trying to achieve is a basic level of decency, for which all that's required from citizens is the simple politeness commonly found in any boarding house."
Anyone who makes like 100 million dollars and thinks to themselves "this isn't enough money to stop working and just enjoy life" has something seriously wrong with them. The billionaire class will never be happy, and it's time for society to stop letting these loonies ruin society to satisfy their insanity.
I think it is far to keep working if you love what you are doing. To filter, there should be an absolute cap on wealth at a few hundred million dollars. This would eliminate the incentive to manipulate politics in favour of yourself, but if you want to keep working you should be doing it for society via charity or taxes on anything additional that is earned.
Have a nice ceremony and present a medal for winning capitalism.
>To filter, there should be an absolute cap on wealth at a few hundred million dollars.
One million dollars and not a penny more. Enough for most people to live comfortably, but not enough to buy governments, or for the upper classes to never need to work again to maintain their lifestyle and privilege.
No human being needs or deserves a hundred million dollars.
I agree with you in principle here, but to play devils advocate, $1,000,000 isn't a whole lot of money. A worker will make around that much at $25,000 a year over 40 years. If we have to keep money/capitalism, the limit should probably be around 10-15 million. That's still pretty high, but not egregious. Give or take ~40yrs on a high FAANG salary ($375k/yr). Still firmly upper middle class IMO.
I don't mean earnings over a lifetime or career, but currently. A worker making $25,000 a year will still probably never see a million dollars regardless of the limit. Maybe everything above that is taxed 100%. I don't know.
But the point is kind of to eliminate the upper classes and scale the economy back into the reach of most people. So there would be no FAANG salaries. The cost of everything (healthcare, education, housing) would go down. It would place a hard limit on political influence that isn't too far out of reach of current Congressional salaries and would probably limit pork barrel politics and insider trading as well. It would end inherited wealth and maybe even limit the length of copyright.
That's an admittedly naive and utopian view and I'll admit there are bound to be complexities and externalities I'm not taking into account because I'm not an economist. But it's either that or we seize the means of production and put the rich to the guillotines until the sewers choke on their blood. And then something something luxury space communism.
That's the crazy part. The people at the top seem to think they're better off if they can get another billion in the bank, regardless of the impact on the rest of society. But they, too, live in that same society that they are destroying.
They seem to think it's better to be a king in the Middle Ages than just a regular rich person in modern society. They forget that the lives of kings in the Middle Ages were absolutely terrible.
The purpose of capitalism is the flourishing of the capitalist classes.
The labor classes only need to be maintained like machines or draft animals, kept just alive and well enough to afford the rent on their lives so they can continue to create value.
The collective reactions to this aren't mental illness, they're trauma responses. Capitalism is accelerating towards its final form and the shock is giving people PTSD.
Billionaires are a convenient distraction for the upper middle class.
The wealthiest group of people (on the whole) is the 70-95th percentile.
If we were to have the toppling of "the rich" that brought about meaningful change to the "poor", it would necessarily include the toppling of the ~$200k income households.
> 1. Make a video documenting each piece and its story while she’s still alive. Get her to tell the family history, where items came from, what they meant to her. This preserves what actually matters.
The wild thing is that “what actually matters” likely becomes “what doesn’t matter” after one more generation when people who never met the person in the video inherit the video.
We are all just here for a brief time and yet we (myself certainly included!) cling so hard to attempting to leave a mark.
Most people we know only think about us for a month or so after we’re gone. Only our closest family and friends think about us longer and even then maybe not so many years later.
I spent a good amount of time digging into genealogy tools last year, tracing some family as far back to the 1500s. I felt it was a pretty mind-expanding exercise, learning about the places people lived and the journeys they must have taken. It inspired me to read from other sources about what life was like at each juncture.
Among the various records there were some that involved wills and estates—lists of who got what 200 years ago. Land, horses, money. It was fascinating in its own right, but I'll say that a video of any of those people talking about their life experience would have been absolutely incredible, if for nothing else but to conceptualize how extraordinarily the world has changed, while also feeling connection with the little human details of daily life that have likely remained much the same.
Those targets don’t seem like they would generate in excess of $1 trillion in profits. Not entirely sure they would generate that much in revenues, so why wouldn’t Elon just buy that many robotaxis and AI bots himself as a profitable strategy to unlock his comp package?
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