• fruitycoder@sh.itjust.works
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    10 months ago

    It’s a fairly ahistorical assumption that wealth accumulattion is done mostly through wealth creation. Anticompetitive practices, rent seeking, and maximize value extraction are all common practices for incumbent market leaders.

    You basically create precedent to give away excessive wealth in order to influence it’s effects on the world instead of reinvesting it purely in mechasms of control of wealth.