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economic relativity
Posted: Tue Apr 19, 2022 4:22 pm
by Advocate
The amount of additive benefit a wealthy person gains in a transaction is less than the amount of opportunity cost a poor person loses. The accumulation of wealth causes great harm in order to produce relatively little benefit for the already wealthy.
Re: economic relativity
Posted: Tue Apr 19, 2022 9:42 pm
by RCSaunders
Advocate wrote: ↑Tue Apr 19, 2022 4:22 pm
The amount of additive benefit a wealthy person gains in a transaction is less than the amount of opportunity cost a poor person loses. The accumulation of wealth causes great harm in order to produce relatively little benefit for the already wealthy.
That is a communist lie, but even it were true, would it be better for the poor to have no opportunity at all? Whatever the rate of exchange, if it is the wealthy that provide the poor their opportunity, eliminating the wealthy would just eliminate all opportunity for the poor. You think that's good?