ObjectivityIncarnate

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Joined 2 years ago
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Cake day: March 22nd, 2024

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  • I’m BARELY paraphrasing you. My exaggerations of your statements are so slight they’re nearly direct quotes.

    You’re not exaggerating, you’re straight up fabricating. By equivocating “reducing the wealth of the wealthiest people …will not move the needle toward [eradicating poverty]” and “Redistributing their wealth will make us worse off!”, you’ve done the equivalent of taking me saying

    “Eating oranges will not cure a cold”

    and turning it into an accusation that I said

    “Eating oranges while you have a cold will make it worse”

    Absurd. Either your reading comprehension and/or understanding of fundamental logic are seriously lacking, or you’re just a disingenuous jerk. Which is it? There are no other possible explanations for an error this basic.





  • PBS: Be kind! Learn to read!

    I literally once heard on NPR radio on the way to work that WoW players speaking out against gold farming was a racist act by white men (ironically a sexist/racist assumption about people who play that game, plenty of non-white/non-males who play), because the gold farmers are primarily foreigners (to the US). I’ll never forget that moment because I got honked at for taking too long to move after the red light I was stopped at turned green, because of my having turned down to the radio and saying “What?!” as I looked incredulously at it after hearing it, and the light happened to change right in that moment, lol.

    Let’s not pretend PBS/NPR is immune to bias, lol.

    Stopped tuning in to it on the way to work soon after that, haha.


  • ObjectivityIncarnate@lemmy.worldtoMicroblog Memes@lemmy.worldthe American Dream
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    5 days ago

    I feel like I’m listening to Margaret Thatcher explain trickle down economics…

    That’s because you’re deliberately misreading/twisting it, as exemplified immediately below.

    More billionaires means better standard of living for everyone!

    Straw man, I didn’t assert any causal relationship. I actually did the literal opposite; I refuted someone else’s assertion of a causal relationship by pointing out a lack of positive correlation between the incidence of billionaires per capita, and that of poverty in the populace.

    If I pointed out that the rise of Internet porn does not correlate with a rise in committed rapes, that’s an effective counterargument to someone claiming that porn consumption increases the incidence of rape, but it’s not equivalent to me asserting that porn reduces rape.

    But I have a feeling you’re intelligent enough to understand this; it’s just that your bias has clouded your judgment, and you’re willfully turning that part of your brain off, because you’ve decided I’m the Bad Guy, and being the Good Guy is more important to you than being accurate/honest.

    Stop hating the rich!

    You can hate them if you want, I just pointed out that it’s not useful to, and that doing so won’t do a thing to lift anyone out of poverty, which should be the actual goal. Loving the poor is a better use of your time than hating the rich.

    Redistributing their wealth will make us worse off! [citation required]

    Citation required for me having said that, you mean, since, you know, I didn’t. Liar.


  • ObjectivityIncarnate@lemmy.worldtoMicroblog Memes@lemmy.worldthe American Dream
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    6 days ago

    the difference in monetary wealth is greater now, unless I have been mislead.

    That is true, but in the end, it’s largely irrelevant. The incidence of poverty matters infinitely more than how large the gap is between the wealthiest and everyone else.

    If hypothetically, not one person in the US was pulling down a penny less than $75k/year, that’d mean no one’s broke, right? And yet the size of the wealth gap would basically be identical, because the difference between $0 and $75,000 is nothing compared to the difference between $0 or $75,000, and hundreds of billions.

    Over the past 100 years, the number of (inflation-adjusted, of course) billionaires per capita in the US increased by a whopping 7x. And yet, poverty was MUCH worse in 1925 than it is in 2025. Also, iirc, there is a positive correlation between average standard of living, and billionaires per capita, in a given country.

    Eradicating poverty is the thing to aim for, but directly. And, despite the very common misconception, reducing the wealth of the wealthiest people (especially considering that the majority of that wealth is newly-created valuation, not actual money) will not move the needle toward that goal, at all. Too many people think wealth is a zero-sum thing, and assume the gap being wider than ever must mean that those not at the top have less than ever—that’s simply not true.


  • That would most likely be because you are ignorant of when it has already literally happened in the past, in other nations.

    On multiple occasions in multiple countries, wealth taxes primarily aimed at the wealthiest demographic have been tried, and then repealed because overall tax revenue literally decreased as a result. There is a reason the vast majority of countries that have implemented such taxes have either since repealed them, or ‘loosened’ them such that they’re no longer primarily aimed at said demographic, and have become a much more ‘typical’ tax that the middle class pays.


  • ObjectivityIncarnate@lemmy.worldtoMicroblog Memes@lemmy.worldNorway José!
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    7 days ago

    no reason to discard the idea of putting a ceiling on the rich.

    There is a very good reason to discard the idea of assigning an arbitrary ‘maximum wealth’, two actually:

    • it’s effectively impossible to actually enforce
    • it will cost us more to try to enforce it, than we will gain in revenue

    It would be tremendously expensive resource-wise, logistically, to even reliably determine if one has reached that ceiling (net worth figures for individuals that you see in the media are guesses, not the result of actual auditing), much less calculate with any degree of certainty how far over the ceiling someone is, and that ‘research/enforcement cost’ is practically certain to completely cancel out (and then some) any potential added revenue, especially because it’s also trivially easy to circumvent by creating debt, etc.