Toxic Bitcoiner
· 2d
No. https://mises.org/library/book/middle-road-leads-socialism
Ok,maybe you're right. I Read the excerpt below and it makes sense, even a little bit is not a good thing.
But I just talked to a couple people in a hostel, one on a pension, and a young climbing instructor. Both were on tight budgets and seemed to think unrealized capital gains for billionaires was the way to cut the head off of the beast and solve inequality in one go.
"the capitalists and entrepreneurs on the one hand and the wage earners on the other hand, are arguing about the distribution of the yield of capital and entrepreneurial activities. Both parties are claiming the whole cake for themselves. Now, suggest these mediators, let us make peace by splitting the disputed value equally between the two classes. The State as an impartial arbiter should interfere, and should curb the greed of the capitalists and assign a part of the profits to the working classes. Thus it will be possible to dethrone the moloch capitalism without enthroning the moloch of totalitarian socialism."