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Why pseudo-rationalists hate the rich


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2012 Dec 8, 3:28am   72,360 views  190 comments

by Peter P   ➕follow (2)   💰tip   ignore  

Because they think they are the greatest, yet they are rarely rich. Therefore, they try to invent reasons to explain why wealth beyond a certain point (i.e. a level attainable by their professions) should be re-distributed away.

The consequence of accepting that some people "deserve" their "excess" wealth is too severe for their egos to bear.

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190   nope   2012 Dec 20, 12:46pm  

Peter P says

But it is a mistake to apply value judgement to any kind of economic activity.

Only if you're a psychopath.

I could become very wealthy by murdering people and taking their money. I could become very wealthy by deceiving people into signing unfair contracts. I could become very wealthy by planting rumors of a major corporate acquisition and buying stock appropriately.

The idea that economics exists independent of ethics is a ridiculous fantasy ideal of libertarian fundamentalists who never have been nor ever will be in a position to actually have to make major financial decisions for anybody.

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