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truth_machine's avatar

"Do you have a real example of a rich person who provides no value to society?"

Paris Hilton. And she's just one of a very large number of that sort who are less well known.

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Stephen Diamond's avatar

Large parts of one society think MIC is a good, but larger parts of other societies think the MIC of the first society is a bad. For the sum of military endeavors, it's a sheer waste.

Part of the problem seems to be an equivocation on "society." Does it mean human society or one particular society? Since the discussion was about "helping people" I think the first is the correct context.

Many people would disagree that MIC is a waste. Chances are, they'd calculate from that standpoint of their own society, which is cheating.

Does the same possibility exist for making money when it does no good for one particular country? There's where an unnecessary level of complexity is introduced. Do wealthy civil lawyers, for example, make a contribution to society where they're involved in a sheer tug of war? The question is controversial because you have to take into account the externalities provided by a development of the law. But the MIC example seems to me a precise example of where people get enriched without doing good. The fact that they can get many to believe they are doing good shouldn't confuse.

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