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0145 - Valuing value - 2020.07.13 |
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Comment: Money has diminishing returns. This, of course, is obvious. If you have zero dollars and I give you a thousand dollars, that can mean getting off the street, finding a safe place to stay, food, clothing, opportunity to get back on your feet - that thousand dollars may very well save your life. If you're comfortably middle class and I give you a thousand dollars, you might purchase a slightly nicer second vehicle than you had planned on, or you might be able to afford that vacation this summer. If you're a billionaire and I put a thousand dollars in one of your accounts, I highly doubt you'd even notice. As such, I have always felt that wealth redistribution is actually wealth creation. Those of you with a Biblical background may recall how Jesus considered the widow's mite to be genuine charity, while the rich Pharisees giving many times that amount were derided as less virtuous. (Libertarians and I don't agree on much, but I do concede that taxation is theft... I just happen to believe that Robin Hood was the good guy.) Much has been made of how lazy Hollywood screenwriters will have their protagonist be stressed out at work because they have to give a presentation to land the big Harris account (a type of stress that isn't actually common to most jobs) because this is, in fact, how Hollywood screenwriters experience job stress. Similarly, I think a lot of movies focus on how the protagonist should worry less about work and spend more time with their family because that's the moral lesson that folks in Hollywood income brackets need to learn. When you're actually lower class, quitting your stressful job to spend more time with your loving family is a bad idea - yes, even on a moral level - because then the aforementioned loving family will starve and die. Anyway, all of this is to say that Lee is financially comfortable, but perhaps should not be comfortable enough to throw a thousand credits down the toilet. |
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