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eloff | 2 years ago
In Northern Europe it’s handled quite well. In the U.S. it’s handled with a “callous lack of empathy” as you phrased it.
My point is disruption is the engine of progress, but it also causes temporary pain (that might not be temporary on the scale of human lifetimes.) It’s the wrong reaction to want to stop or slow progress. You can actually prove that through the lens of game theory and the fact that we have multiple human societies. The right thing to do is ensure your society doesn’t leave the losers of that process behind.
Veen|2 years ago
eloff|2 years ago
In general just taxing the winners (wealthy) period is well tolerated politcally, but it also requires a goverment that's somewhat fiscally responsible and not spending $800B a year on their military instead of social programs. The US hasn't had a fiscally responsible government since Clinton, and the pigeons are currently coming home to roost in the form of inflation and loss of confidence in the US dollar as the reserve currency.