Kevin's Bacon on Nostr: This is not am issue with wealth inequality. This is an issue with using your wealth ...

This is not am issue with wealth inequality. This is an issue with using your wealth poorly. Small, on the ground charities and mutual aid are indeed better than big ones. A single person with a lot of wealth can usually best use it by creating things with it, investing in profitable, ethical enterprises, et c. Inequality, I don't care about. It's not a causal mechanism here. That misses the point. Creation of what you best understand in the most value-productive way is the point. Taken to the extreme, that is called selfishness because what you best know is yourself. What's good for you. And that is a great thing. Charity that focuses on being more in line with individual responsibility (as is selfishness) is far superior to these billionaire altruist actions, and that kind of thing takes good people and good incentives. That ends up looking like mutual aid and small private initiatives with no bureaucratic structure.