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Comment on Is there a theoretical limit to profit?

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Aeao@lemmy.world ⁨4⁩ ⁨days⁩ ago

That is probably correct to the phrasing of the question but I don’t think it’s correct to the spirit of the question .

If I have a billion dollars and everyone else has one dollar, I am powerful.

Time moves forward, inflation, whatever.

I have 2 billion dollars now and everyone else has 2 dollars.

Nothing has substantially changed in that scenario.

But even if we only allow me to grow:

Again I have 2 billion dollars now and everyone else still has 1 dollar.

Nothing has substantially changed.

That’s my disagreement. There is a limit. Diminished returns.

The difference between a one bathroom house and a 2 bathroom house is huge. The difference between a 20 bathroom house and a 21 bathroom house is basically meaningless.

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inv3r5ion@lemmy.dbzer0.com ⁨4⁩ ⁨days⁩ ago

Likewise people can only get so poor before the concept of currency breaks down completely. We kind of see a glimpse of that with credit scores. I have bad credit. I don’t care that I have bad credit. I’m not going to own a home anyway. I don’t care if a credit card company sues me because I have no liquidatable property or items. Even my wages can’t be garnished because my child support maxes that out alrwady. My debt and credit score are meaningless. Money itself can get that low as well. If the imbalance gets too far the money becomes worthless.

Fucking real

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bear@lemmynsfw.com ⁨4⁩ ⁨days⁩ ago
You can’t find a line because there is no line. When you give up completely there’s another one to take your place and a good lesson to be learned by all.

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- Leate_Wonceslace@lemmy.dbzer0.com ⁨3⁩ ⁨days⁩ ago
  For anyone wondering: I have this dude tagged as a “moron”.
  
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