Earlier quoted context omitted.
My knee jerk reaction is to disagree, but on second thought, I’m open to hearing the argument. What would that look like in practice?
I don't have a full theory yet, it's something I started thinking about recently. That being said, it's clear that in the current system, rich people can get richer faster than poor people. We have a two class system a) workers who get paid per unit of work b) owners who capture any surplus income, who decide hiring/firing/salaries, who can sell the company and whose wealth keeps increasing (assuming the company does…
> - He owns 100% of the future value of the company despite being created only 10% by him. Well, not exactly, he was creating 100% for the first year and 10% from then on.
1) If you believe this, then you have a massively simplistic view of employee value. The distribution of actual value provided by employees is probably log normal, and certainly not normal (gaussian).
2) This is basically the labor theory of value. That is an economic theory that was discarded as wrong about 150 years ago. If it was true, the value of a newly discovered gold mine would be 0.