Earlier quoted context omitted.
>Namely, the equity value of google would be more balanced with other smaller firms, and in turn we'd see more very rich people rather than fewer people with net worths well over 10 billion. Why would that be a good thing? Or rather, a better thing than the current situation? Why would that even be desirable? Again, antitrust laws exist for one reason: to protect consumers. Not to implement someone's idea of an ideal…
> Why would that be a good thing? Or rather, a better thing than the current situation? Why would that even be desirable? Because wealth inequality is massively harmful for society. It's the sort of thing that leads to revolution. > If you believe e.g. that company equity should be more uniformly distributed, go talk to your congressman, have him draft a law to that effect and get congress to vote on it. and then Goo…
Nope.
Hunger, poverty, lack of education, lack of access to medical care, etc.. is harmful to society and leads to revolutions and whatever root cause leads to those is to be fought against.
Except that wealth inequality isn't such a root cause.
Wealth inequality isn't and has never been a problem except in the minds of utopian ideologues, collectivists or people with a basic jealousy problem.