Still think TITNC3: Return of the Iceberg was peak

Why would anyone want to work with MOASS right around the corner

 

says the guy looking to become a GME billionaire


i'll take some of that money, please?

 

those are the misinformed who only believe wat the TV tells them....people also think the oil industry is polluting central when actually the job sites and the process used to get the end product is not really an issue. they like to focus on what happened in the gulf in 2010 and say that spills like that are common, but they are not. small spills happen but they are in containment areas and the ones that happen outside of containment are cleaned fairly quick.

 

The amount of wealth that is morally acceptable will increase accordingly. It's all relative.
Nobody should have more than me!

 

It's not fantasy. It's communism in it's truest Manifesto form. It's been tried. It doesn't work. Why? Human greed.

You can't change that. You won't change that. Maslow's last two tiers on his Hierarchy are greed based. It's natural to think I'm better then someone because I'm smarter, make more, climb harder, fuck better, yada, yada. Let me know when we can eliminate that and maybe equal wealth distribution works out. Until then I'll try and make my little slice a little bigger. lol

 

But you repeat yourself.

 

Truth. Maybe I should do a Rand vs Kant post. That ethics argument really is at the core of my last post. In case anyone missed it I'm very Randian in my personal philosophy. lol

 

ya know. for most of my 20s ive been a stark believer in economic theories and principals. Ive been pretty darn conservative in my stance on taxes and economic policy and what not. 4 or 5 years ago i would have told you that was horse shit and thats not how economics works....but recently i have changed my stance.

Like everything else, its not black and white. Its not a hard line in the sand where any cap on wealth stops all forward progress of an economy. I believe there is a threshold where disincentivizing more wealth accumulation does not harm society by reducing efficiency or marginal utility. Everyone's argument is always "if you put a cap on how much you can make people wont innovate or create blah blah blah" but i just dont believe that. If you are a jeff bezos and you have created this global monstrosity of Amazon, by the time it reaches a threshold of individual wealth accumulation of say, 10 billion dollars!?! you aren't just going to stop. and if you do stop...so what? The company will continue to run and provide efficienty and value to the world. If jeff bezos's wealth was taxed at 100% after 10 billion and 1 dollars, really, what is the negative cost to society? I dont believe it to be anything. In fact, if you did stop growing because you were (individually) taxed at 100%, maybe it would allow other firms to actually have some market share and be able to make some money and innovate themselves, thus creating more competition which is good for the markets and consumers. So the 100% tax on wealth as a certain point might actually benefit the economy by disencentivizing monopolistic monsters. Not to mention reducing the obscene wealth of the ultra rich might help cut down on corruption? though with wealth over hundreds of millions of dollars you can probably still bribe anyone.

Jandrews...i seriously doubt you would try any less hard to accumulate wealth if you knew there was a wealth cap at 1 billion or 10 billions or whatever. Thats just so unbelievably high that nobody would seriously stop working or stop trying to innovate because its there.

I do agree this only works in theory, if every country puts the same limit on things. It wouldnt help anyone if jeff could go live in china and not have a cap on his wealth, as long as he censors his services to china's benefit and pays a small pittance to the ccp. But in theory, if the world was aligned, having a high wealth cap that then innevitably flowed back down to the economies that were used to create that wealth in the first place, would be a more beneficial system. Exponential wealth accumulation in more and more concentrated areas is certainly not good for society.

 

What do you do for work? What's the pay like? Obviously hiring and retaining employees is very difficult right now but if you're having such a problem for so long it sounds like one of those 'if everyone you meet is an asshole' kinda deals at some point. That and everywhere is hiring so it's hard to judge the people that do wanna work for gravitating towards cushy jobs or ones that peak their interest (not implying yours isn't that)

 

Personally i'm just not working cause the Mayans predicted the world would end in 2012. They mighta been off by a little bit but it's gotta be just around the corner

 

Wait until they find out oil isn't actually a finite resource and methane breaks down in the atmosphere ...does take like 10 yrs tho but still

 

No offense, but this is errant thinking. Its not about what I would do, its about what the wealth would do.

Let me make that more concrete: If Bezos had stopped growing Amazon at 100 billion, *someone* would step in to serve that other 1.07 trillion in demand that was still out there.

Would you rather it was Jeff, or a Chinese company? Russian?

Demand from the market will be met.

There seems to be a fundamental misunderstanding here. Profit is evidence of social value created, not ill gotten gains. Bezos is as wealthy as he is because his enterprises have created WAY more value than his net worth for the world at large. He got to keep some for being the architect of that in the first place.

Bezos is worth billions because his creation creates trillions in value for others. If you cut a leg out from under his net worth by taxing away his contributions to Amazon, you hurt the people that derive value from it more than you hurt him.

Thats the problem.

 

Generally true, but there are exceptions. Electronics come to mind. Early adopters usually always pay a premium for new technology.

 

Yes. Individual sectors may do whatever, I'm talking about total economy averages.

 

You can fix it if you throw all the humans into a volcano

 

I can move across the country and start the following Monday if you agree to my compensation package.

 

LMAO.

What's funny? I was just thinking about you when I was driving home from the hardware store. Metallica came on. "Hearing only what you want to hear and knowing only what you've heard". It's a damn fine song. lol

 

Aww, how sweet