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  • The good old "fallacy of redistribution"!

    • Espouses European Values

    • Doesn’t believe in wealth redistribution

    ^ fucking memeworthy. How do you think we emerged from fudalism?

  • ^ fucking memeworthy. How do you think we emerged from fudalism?

    This is such a glaring flaw with the arguments of all free-market fetishists/libertarians. The logical endpoint of completely deregulated capitalist society is, as Nick Hannauer puts it, "a police state or a revolution". People who apparently pride themselves on their commitment to freedom seem really happy with neo-feudal society where we're all in hock to the super-rich through rentier capitalism (this short story is well worth a read on that front). The only reasonable explanation is that they think a vastly unequal society is somehow just, just as long as they're at the top of it. It's at that point we get right into "first-up-against-the-wall" territory.

  • People supporting gross inequality often aren't at the top of the pile but there is an aspiration to be so. The fact that social mobility is declining doesn't seem to matter.

  • Likewise anarco capitalists never seem to propose that on "Day-One" everyone starts with the same assets/wealth. The proposition always implicitly assumes that we start with our current assets - and one assumes it's supporters have both capital and education.

    Whereas if the theory was sound there would be no reason not to all start on a equal footing, at least from a financial POV anyway.

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