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    🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Wednesday, 25-Dec-2024 06:06:37 JST🎓 Doc Freemo :jpf: 🇳🇱🎓 Doc Freemo :jpf: 🇳🇱
    in reply to
    • Randahl Fink
    • Paul Brownjohn

    @randahl

    > equality is not about everyone having the same balance on their bank account.

    Exactly my point, agreed.

    > It is about equal opportunity, and the US is moving away from that.

    Also agreed, nor did I say anything to the contrary.

    > Example: Literally thousands of people owned businesses which depended on Twitter, but a person of extreme wealth bought it and destroyed it.

    Wealth can be destroyed just like it could be created. When he destroyed it he destroyed his own wealth making himself less wealthy, thus the point, wealthy people create wealth which is how they get wealthy (or inherit it in some cases), and likewise they can become poor (or at least poorer) when they make bad decisions and destroy wealth.

    > The extreme inequality of the US has created a society which have characteristics of The Dark Ages, where a king could decide to burn down an entire city if he felt like it.

    Nah you have it backwards. The lack of a free market (a market that can be gamed and is unfair) is what has sent us to the Dark Ages. Assuming it is due to wealth disparity as the driving cause is unfounded and just repeating the popular narrative rather than representing an understanding of the problem, which is quite nuanced.

    @Paulos_the_fog

    In conversationabout 5 months ago from qoto.orgpermalink
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