alt Hacker NewsNevermind the improbability that a decrease in living standards would actually compress the distribution of living standards - Are you seriously arguing that's desirable? That it's better to reduce everyone's lots so that we can be more equal?
Nevermind the improbability that a decrease in living standards would actually compress the distribution of living standards - Are you seriously arguing that's desirable? That it's better to reduce everyone's lots so that we can be more equal?
If you asked me a couple years ago, I would absolutely oppose it, but now I am seriously entertaining the idea that it may be better to live in a poorer but more equal society.
It seems that the majority cares far more about comparative wealth than absolute wellbeing, and is willing to destroy the system if they don't get what they want.