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Groups > comp.os.linux.advocacy > #486015

Re: Rigged global economy

From owl <owl@rooftop.invalid>
Newsgroups comp.os.linux.advocacy
Subject Re: Rigged global economy
Date 2019-01-26 17:30 +0000
Organization O.W.L.
Message-ID <a8z0x8b09883tga.3@rooftop.invalid> (permalink)
References (1 earlier) <b9a0903a.aho3uu@rooftop.invalid> <aE%2E.191962$kE1.55918@fx20.am4> <c310f9e5-b925-41a8-92c3-3da3577640f1@googlegroups.com> <s9z0b08b803.xx3@rooftop.invalid> <3e858554-2ca5-49f9-acb1-0ae9393e73f5@googlegroups.com>

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Steve Carroll <fretwizzer@gmail.com> wrote:
> On Saturday, January 26, 2019 at 9:56:46 AM UTC-7, owl wrote:
>> Steve Carroll <fretwizzer@gmail.com> wrote:
>> > On Saturday, January 26, 2019 at 9:10:49 AM UTC-7, Melzzzzz wrote:
>> >> On 2019-01-26, owl <owl@rooftop.invalid> wrote:
>> >> > Melzzzzz <Melzzzzz@zzzzz.com> wrote:
>> >> >> https://twitter.com/SenSanders/status/1088510099079995392
>> >> >> 
>> >> >
>> >> > That sounds great, but how do you motivate people without reward? 
>> >> 
>> >> Can't be done. 
>> > 
>> > I disagree. People who do things solely for money would go for
>> > whatever figure any gov't could 'cap' wealth at. For example, let's
>> > say there was a 100 million dollar cap on how much wealth one
>> > could accumulate. Do you think that would dampen the people
>> > who are driven solely by money to accrue that number? As for 
>> > the rest, well, they're not solely motivated by money anyway,
>> > so they're going to do what they love no matter what. 
>> 
>> And if you cap reward at 100 million, some will stop at that point.
>> At a certain level, even billionaires who may have started out for the
>> love of what they were creating, such as Bill Joy, turn to being venture
>> capitalists.  Not many *big* things you can do as a venture capitalist
>> with just  a 100 million.  And the "big things" need not be motivated
>> purely by future profit, but might just be really, really expensive to
>> get off the ground.  And don't forget philanthropy.  Even Rockefeller
>> gave away hundreds of millions.
> 
> I know I'd rather leave this to the private sector, as opposed to 
> the gov't, every day of the week and twice on Sunday. But I still
> think people would just pool together their money like they do
> now,

Like a corporation?   Are corporations going to be exempt from the cap?

> it'd just take more of them for a bigger project. And you can 
> still give away money out of your 100 mil and work on the next
> one (this might even encourage people to do so) or vow to give
> away that which is coming in over the cap to be donated... IOW, 
> it's still a cap but made elastic by time (a certain number of tax 
> seasons or whatever). 

"No caps" is better.  There are super-wealthy people who are good
people and who can accomplish great things much more expeditiously
than any plodding bureaucracy.  Just as there are poor people who
will harm you or steal from you without a second thought. 

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Thread

Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 09:56 +0000
  Re: Rigged global economy Amanda KoXXX <iscariot694me@simplivr4.org> - 2019-01-26 14:39 +0000
  Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 07:11 -0800
    Re: Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 16:10 +0000
  Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 15:49 +0000
    Re: Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 16:10 +0000
      Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 08:36 -0800
        Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 16:56 +0000
          Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 09:17 -0800
            Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 17:30 +0000
              Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 10:06 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 18:27 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 10:56 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 19:14 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 11:17 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 19:47 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 12:13 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 20:32 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-27 07:50 -0800
        Re: Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 19:18 +0000

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