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We set the context in which these forms can operate though. We can decide that forms who pay >10m in comp to individuals are by definition not contributing to social well-being… they must be exploiting some assymetry, rent seeking etc. We don’t have to work out how and why in each case… just that in balance that is almost always the case and so we make that behaviour economically unviable through taxation.



Except that you rested your laurels on the last word: taxation.

Taxation is not and will never be in a place that serves the commonwealth, rather it will always align with those closer to power.

Have you not been paying attention?


In the US this may be true. It’s certainly not in Europe. 80%+ of tax take is spent on health and social benefits here which are broadly approved of by the population…




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