"The presumption is that a few rich central planners (the 1%) can better invest resources than entrepreneurs serving the masses which vote on the products and services they desire by spending their inheritance."
Wow, that article... Just, wow... He calls business owners central planners, but who would he replace those people with other than ACTUAL central planners. Have we not fucking done this before? We don't have enough failed examples from the PRESENT and PAST?!
I just lost ALL respect for Dan Larimer. Communism does not work and never will work. Redistribution of wealth does not work and never will work. Only FOOLS or horribly ignorant people would believe it could. /sigh
I agree, forced REdistribution never works. Voluntary distribution might though (like we have here on Steemit, distributing the rewards pool populated with voluntary inflation). I don't think Dan is a fool or horribly ignorant. I also doubt he'd use force on these ideas, but maybe others would. Thanks for your input.