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this post was submitted on 19 Jan 2025
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I actually think it would be closer to Atlas Shrugged, where the people generating new means of production begin to disappear and society becomes much poorer.
The world is full of Steve Wozniaks who just never get a chance to shine because they are not interested in capital accumulation or are really eccentric or can't take economic risks or just lost a cutthroat business competition because they trust or are kind. I know a few of them and have met many more.
There are mozarts and einsteins toiling in fields right now. We do not have a shortage of genius and invention. We have an unnecessary zero-sum-game for an economy.
I actually think the world economy runs on trust and kindness. If even one percent of agreements people make went to the courts, the economy could not function.
I agree. Giving everyone opportunity is the right thing to do and it leads to increased prosperity. There's no easy way to do it. It's something difficult and worth trying to do.
The economy has generated unbelievable amounts of wealth, not zero-sum at all, a huge increased sum.