kepford on Nostr: I'm not sure if there should or shouldn't be billionaires. Clearly if one looks very ...

I'm not sure if there should or shouldn't be billionaires. Clearly if one looks very hard at all you can see that the most wealthy influence governments to their benefit. I'm not saying you're a leftist but based on this comment you are ripe for the picking by socialist dogma.

I wonder, do yo believe hierarchy is natural? There are many people better at managing wealth than me. Many that are worse. We are not all equal in skill or work ethic.

I'd bet most people on Nostr understand that Socialism doesn't work. That it leads to mass starvation and want. But to put a point on it, the deeper problem is one of arrogance. The idea that one can know how to make decisions at a macro level.

In the US and most of the world we think of as capitalist we have crony capitalism where the most wealthy rig the system in their favor. This is the problem. Not that some people have more than others. The rigging. That's the issue. I don't know how anyone could know what the correct allocation of global wealth could be but it would be terrifying if there was a government that tried to centrally plan that. It would be far worse than the world we live in today.