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design2203 | 2 months ago

Because there is an obsession re. Financial wealth as opposed to the creation of real wealth.

The two are not the same. The connection between the two has seemingly been lost.

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neom|2 months ago

Show me the incentive and I'll show you the outcomes as they say. Hyper consumerism, status symbols, a fundamentally pack/tribal species? what could possibly go wrong?

immibis|2 months ago

The way around this, by the way, is to create some kind of alternative exchange system that only admits real-for-real exchange and makes hoarding money impossible.

danaris|2 months ago

No; the way around this, as it always has been, is redistribution.

I know it's considered a dirty word in many circles nowadays, but by far the most effective means we know of disincentivizing a singleminded focus on the accumulation of wealth is to make that number something you can't keep pushing up after a certain point.

No human being will ever be genuinely discouraged from making a better product or making themselves better at doing something because they couldn't turn their (personal, not company) $30 million/year into $300 million/year. Because a) at those numbers, the only material difference is the number; your lifestyle won't change appreciably, and b) if you actually cared about making a better product or making yourself better at doing a thing in the first place, that kind of extra money (or lack thereof) wouldn't be important enough to change that.