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Cake day: June 30th, 2023

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  • Billionaires have too much power, let me just get that out the way. But it’s weird to state their tax contribution in relation to their “wealth” (0.3%). No-one pays tax in relation to their wealth, at least not while they’re holding it. A low income earner ($30k) living in a house they’ve inherited ($1M) is paying about 0.5% tax compared to their “wealth” (they pay about $5k income taxes compared to their $1M wealth ) That’s why it’s a weird way to put the stat that way. The ultra rich do pay tax on their income, it’s just their income (dividends, stock sale) is small compared to their wealth (assets, stocks etc)









  • Yes I don’t disagree. But there is definitely a limit to what people will do voluntarily, especially if they don’t feel their effort is respected. Finding volunteers to read to kids is miles easier than volunteers to tidy up someone’s littered garden while that person boozily watches telly.

    The Tragedy of the Commons is an old concept, very old. It far far far predates modern mega corps ravaging the planet. It is the simple observation that when people have free access to a shared resource they tend to mistreat it compared to their own property.

    This is such a fundamental feature of humans that Aristotle was discussing it…

    And that’s why the best comes from society when people have the freedom to better their lot visa their efforts (despite this causing inequality) so long as people’s basic needs are covered in a humane and reasonable way. But there will always be a difference between people. To eradicate that is to destroy the thing that motivates to go beyond merely what we’ll do voluntarily. And those (paid) jobs are still very vital to society functioning well. We have more than enough evidence that goodwill and volunteers is not sufficient to run a society at large. People are more nuanced than that.








  • If the West wanted to minimise Ukrainian deaths then they could do something like draw clear lines in the sand so that Russia publicly knows at what points their continued action leads to Western escalation (defensive escalation). Surely that’s a clearer deterrent and would save Ukrainian lives. Instead we’ve got what looks like European bickering and prevarication and eventually somewhat reluctant support. So maybe that’s genuinely what’s going on. Or if it’s an act I’m sure it’s for well thought out psychological reasons. But as an act it seems to rather encourage Russia to keep pushing, because they hope Western support will falter. So if that’s all deliberate it seems more about draining Russia than helping Ukraine. (With hundreds of thousands of Ukrainian lives sacrificed in the process)