toly 🇺🇸
@toly
Co-Founder of Solana Labs. Award winning phone creator. NFA, don’t trust me, mostly technical gibberish.
6.9K Following    1M Followers
These people are completely 🧠🪱. Socialism is why there isn’t enough healthcare. Elon isn’t sitting on a trillion dollars worth of peptides or mri machines. He has capital in the form of shares of SpaceX and Tesla. To convert it to mri machines you’d need to sell the shares to another investor, and then buy mri machines. But if the total number of mri machines stays the same, there is no net new healthcare created. You just made mri machines more expensive. To actually increase the amount of healthcare you need to build stuff, like more hospitals with mri machines. You need investors to risk capital to produce more mri machines. But you just punished the spacex and Tesla investors 🤦‍♂️🤦‍♂️🤦‍♂️ If you get rid of capitalism the accounting doesn’t disappear. If workers eat more food then the farm produces the workers will eventually starve. Economics doesn’t care if it’s shareholders that capture the surplus or the communist politburo. All it cares about is if the output > input. The government completely sucks at making sure that output > input. It’s not a benign oopsie. Everyone gets punished for it, and no matter how they try to sell their bullshit, the poor get punished the most and the government officials get punished the least.
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