Tilted Forum Project Discussion Community - View Single Post - Are you opposed to the acquisition of wealth?

BigBen · 03-17-2005, 02:33 PM

No, I do not get bent out of shape with semantics, but:

No one wants millions of dollars. It is heavy paper. It smells funny. It can get stolen. It accrues no interest.

People want to have the BUYING POWER that millions of dollars gives. Having the budget line intersect with higher marginal utility curves is what it is all about. Ask a communist (or socialist) if they would be willing to work harder to make life easier for the group... They are then stating that the warm feeling they get from providing for others is increased UTILITY. That goes against thier motto of producing according to wants and consuming according to needs...

Anyhoo, without sounding completely crazy I will finish with this:

Would I like an unlimited consumption possibility frontier? Fuck yeah.

Ethically, I always ensure that my wealth is socially optimum: I do not hurt anyone, or take anything that is not properly earned through my land, labour or capital. I happily pay taxes and sleep warmly at night knowing that the socialists in government are taking care of those who need it, using economies of scale.

Sorry. I probably sound crazy. At least I don't sound COMPLETELY CRAZY.

03-17-2005, 02:33 PM	#48 (permalink)
BigBen Comedian Location: Use the search button	Economics and Monetary Theory No, I do not get bent out of shape with semantics, but: No one wants millions of dollars. It is heavy paper. It smells funny. It can get stolen. It accrues no interest. People want to have the BUYING POWER that millions of dollars gives. Having the budget line intersect with higher marginal utility curves is what it is all about. Ask a communist (or socialist) if they would be willing to work harder to make life easier for the group... They are then stating that the warm feeling they get from providing for others is increased UTILITY. That goes against thier motto of producing according to wants and consuming according to needs... Anyhoo, without sounding completely crazy I will finish with this: Would I like an unlimited consumption possibility frontier? Fuck yeah. Ethically, I always ensure that my wealth is socially optimum: I do not hurt anyone, or take anything that is not properly earned through my land, labour or capital. I happily pay taxes and sleep warmly at night knowing that the socialists in government are taking care of those who need it, using economies of scale. Sorry. I probably sound crazy. At least I don't sound COMPLETELY CRAZY. __________________ 3.141592654 Hey, if you are impressed with my memorizing pi to 10 digits, you should see the size of my penis.