[ExI] Why is "cost of living" such a big problem?
Ben Zaiboc
benzaiboc at proton.me
Fri Nov 6 17:25:11 UTC 2026
On 06/11/2026 16:20, Henrik Ohrstrom wrote:
> There is nothing wrong with making money.
> There is nothing wrong with being rich and wealthy.
> There is all sorts of wrong making money by denying others their chances to make money.
> The corruption inherent in the us medical system, tech-bros, patent courts in texas and many more examples from outside US too, are wrong, not because they make money but because they hinder others from making money.
> That is not capitalism, that is outright robbery.
> Do capitalism and I for one will be very happy.
> Do robbery and in your case, support the robbers and receive negative feedback.
> This is supposed to be a forum for extropian ideas right?
> Where do you find the extropy in predatory economics?
Well put.
Spike, it seems you don't even understand the argument that Henrik, I and others are making. You keep ignoring it and veering back to your theme of companies needing to make good on their investments. Nobody is challenging that! We are talking instead about profiteering, creating monopolies, "outright robbery", as Henrik says above. Eliminating this does NOT prevent companies from making fair profits on their investments, enabling them to carry on doing research and development.
Again, look at the epipen example. You can't honestly say that it's reasonable or necessary.
--
Ben
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything." - Pablo Casals, via Albert Einstein
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