TheSingulatarian t1_isewaa3 wrote
Reply to comment by alvvayson in We've all heard the trope that to be a billionaire you essentially have to be a sociopath; Could we cure that? Is there hope? by AdditionalPizza
>One thing billionaires do provide is an efficient allocation of capital.
We are allocating capital to unnecessary weapons systems and dirty energy. Not efficient at all.
alvvayson t1_isexarg wrote
But more efficient than spending it on vacations to Hawaii or imperial/genocidal wars like Russia does.
As I said, I think markets can be more efficient than billionaires. But they are more efficient than some other alternatives.
TheSingulatarian t1_isexq2r wrote
This isn't markets, it is billionaires bribing politicians to do what is best for their business not what is best for society.
alvvayson t1_isf10mk wrote
I know. That's what I said. Read it again.
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