[dougb5]

It reminds me of how Sam Altman recently said: "I'd rather hear from candidates about how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires." But the hyper-wealthy don't just have _stuff_, they also have power to make decisions affecting society -- to buy elections, to buy social networks, to influence which countries we do AI chip deals with, to start new cities, and so forth. A world in which everyone has the same amount of this decision-making power is probably not a world in which billionaires exist.

[rectang]

Yes, "don't look at wealth inequality" boils down to an argument for shifting political power to the wealthy — which I'm sure its proponents genuinely believe is for the best.

[mock-possum]

Of course Sam Altman doesn’t want to hear about eliminating billionaires, because he’s a fucking billionaire.

Not everyone can be a billionaire, when it’s based fundamentally upon having exploited the have-nots. You’re always going to need a wage-slave class, if not a class of slaves proper. That money doesn’t come from nowhere - it’s drawn from those least able to afford it, and therefore least able to resist exploitation.

If anything, that should be all the more reason to do it.

Give the poorest more money. It’s the complete opposite of our current approach.

[czl]

Capitalism ties decision power to how good you are at accumulating wealth. Other systems give decision power through birth, status, or bureaucracy. But so far none have matched capitalism at growing total wealth over time- just look at “communist” China adopting capitalist tools to get rich, and now struggling with the inequality that comes with it.

[gopher_space]

Biologically speaking Altman is what we’d call a “piñata”.