this post was submitted on 11 May 2025
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Let me quote GP because it seems like you’ve already forgotten what they said:
Now how do you reconcile that with this:
Either you’re just flat out lying when you say this, or you think “skimming off other people’s work” is fair. Which is it?
It's not a charitable way to phrase it, but it's not inaccurate. 'Fair' is wildly subjective. The concept itself is not unfair, but the application certainly can be. Regardless of whether it's 'fair' or not, the general point is that it isn't work.
Sure. I mean you can buy a solar panel and put it on your roof and then sell the electricity it produces back to the grid. That’s not work. Is it fair? I don’t know. There are definitely people who think subsidies for solar panels are unfair.
There’s also the question of whether or not you earned the money. I think if you take a risk with your money and you invest it wisely then you’ve earned the profits you made on (minus taxes of course).
Obviously if you inherit millions of dollars from your parents you didn’t earn that. We as a society begrudgingly put up with inheritance because we admit that as humans our urge to provide for our children is a powerful instinct.
There’s also a question of whether or not an investment benefits society. I think the pepper growing and solar panel examples show clear benefits to society. With larger companies the question is a lot more complicated.
For example, I used to think Apple benefited society with all the work they put into their computers and growing the personal computer market. Now I think they’ve moved away from that towards rent-seeking. So to me it wasn’t the money that made the difference, it was the behaviour.