> that means the cumulative wealth available out there is literally infinite
There is no limit to the wealth that can be created. For example, if you gave Picasso a canvas and some paints he can turn $50 in supplies into $100,000 in art.
> if everyone started their own billion-dollar business like you claim it’s possible (and plausible) to do
I didn't say everyone. I said "anyone". Most will never try - but the option is available. Nor did I say it had to be a billion dollar business. Just a business. You can start one tomorrow by filling out a few forms and paying the state license fee.
> since humans cannot be trusted to act in the interest of society, then regulation is needed to ensure equitable outcomes and minimize harms.
I've always said the purpose of government is to protect peoples' rights. However, "equitable outcomes" is not possible and every government that tried it failed miserably.
> Now go away
It's a public message board. Feel free to downvote me all you like, though.
Please demonstrate.
> that means the cumulative wealth available out there is literally infinite
There is no limit to the wealth that can be created. For example, if you gave Picasso a canvas and some paints he can turn $50 in supplies into $100,000 in art.
> if everyone started their own billion-dollar business like you claim it’s possible (and plausible) to do
I didn't say everyone. I said "anyone". Most will never try - but the option is available. Nor did I say it had to be a billion dollar business. Just a business. You can start one tomorrow by filling out a few forms and paying the state license fee.
> since humans cannot be trusted to act in the interest of society, then regulation is needed to ensure equitable outcomes and minimize harms.
I've always said the purpose of government is to protect peoples' rights. However, "equitable outcomes" is not possible and every government that tried it failed miserably.
> Now go away
It's a public message board. Feel free to downvote me all you like, though.