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Retric11/08/20241 replyview on HN

You brought up politics in relation to different economic class.

My point was how we treat ultra wealthy as a political issue is independent from the underlying reality. They aren’t directly outvoting poor people to revive more benefits, it’s instead a question of influence.

Billionaires tend to see positive ROI from getting involved in politics, which is self reinforcing over time. But, stepping back you can judge such systems not in terms of current politics parties operate, but in the broader context of how efficient systems are. In that context the ROI is negative for society even if it can be positive for some individuals that comes at significant cost.


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MichaelZuo11/08/2024

Huh? A ‘side’ doesn’t imply an ‘economic class’?

Many millions of people can genuinely believe in something, be on a ‘side’, while being spread across the entire economic spectrum.

At best it can be said to be an ideological differentiation, not an economic differentiation.

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