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Re: Elon Musk net worth falls from $300 billion to $100 billion...

<tlk6q4$76v$1@gioia.aioe.org>

https://www.novabbs.com/arts/article-flat.php?id=165873&group=rec.arts.tv#165873

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From: kkensing...@gmail.invalid (kensi)
Newsgroups: rec.arts.tv
Subject: Re: Elon Musk net worth falls from $300 billion to $100 billion...
Date: Tue, 22 Nov 2022 23:16:04 -0500
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by: kensi - Wed, 23 Nov 2022 04:16 UTC

On 2022-11-22 7:14 p.m., RichA wrote:
> Oddly enough, he hasn't had to cut back on anything...

Does that mean you're ready to join our side now, Comrade? :)

--
"To explain the unknown by the known is a logical procedure; to explain
the known by the unknown is a form of theological lunacy." ~David Brooks
"I get fooled all the time by the constant hosiery parade
in here." ~Checkmate

Re: Elon Musk net worth falls from $300 billion to $100 billion...

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copy mid

https://www.novabbs.com/arts/article-flat.php?id=166120&group=rec.arts.tv#166120

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Subject: Re: Elon Musk net worth falls from $300 billion to $100 billion...
Date: Fri, 25 Nov 2022 06:15:56 -0500
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by: kensi - Fri, 25 Nov 2022 11:15 UTC

On 2022-11-23 2:57 a.m., RichA wrote:
> On Tuesday, 22 November 2022 at 23:16:09 UTC-5, kensi wrote:
>> On 2022-11-22 7:14 p.m., RichA wrote:
>>> Oddly enough, he hasn't had to cut back on anything...
>> Does that mean you're ready to join our side now, Comrade? :)
>
> God no. But once you hit $1B-$2B in liquidity, all your possible
> personal needs are able to be satiated and everything else is just for
> business. Or philanthropy, if you develop some kind of guilt complex
> about your money.

So, you acknowledge that there are diminishing returns in marginal
utility from having one more dollar.

It follows from that that to maximize aggregate utility, it is more
effective to distribute the available dollars evenly than any other
distribution.

Ergo, aggregate utility would be maximized by socialism, Comrade.

"Tell the truth and run." -- Yugoslav proverb

arts / rec.arts.tv / Re: Elon Musk net worth falls from $300 billion to $100 billion...

Subject	Author
Re: Elon Musk net worth falls from $300 billion to $100 billion...	kensi
Re: Elon Musk net worth falls from $300 billion to $100 billion...	kensi