https://www.economist.com/by-invitation/2026/10/04/will-maca...
We should tax the shit out of them, if only to reduce the unelected power their wealth buys.
Just like we should tax the shit out of the non-EA ultra wealthy.
We can have a democratic society or we can have the concentration of great wealth in the hands of a few. We cannot have both.
I'd wager that it's simply the government wanting absolute power (as it should) and going after misaligned oligarchs.
So, effectively, power struggles in circles beyond our reach.
Arguably a good thing that the government would eventually try to claw back power there, given that in theory, it's democratically elected and all.
Why does The Economist consider this the most important issue this week, in a world of complex problems, to splash its first leader on (and more than one page long too)?
There is something to be said about how we sometimes fail to account for the effectiveness of ineffective altruism.
cyanydeez•49m ago
seu•45m ago
karim79•43m ago
SpicyLemonZest•25m ago
bawolff•17m ago
I feel like there is this weird thing where people will criticize people who do charity work in not quite the right way (from the criticizers perspective), but are totally fine with people who just use their money to buy a yacht.
I'd much rather have people spend their money on feeding the hungry, even imperfectly then spending it on other pursuits.
I sometimes wonder what the critics of EA are doing to eradicate the ills of the world or even their local community. Is it more than what EA is doing? If not, i'd say those in glass houses should be wary of throwing stones.
s1artibartfast•13m ago
cyanydeez•5m ago