Joedreck
2022-06-21 07:49:13
- #1
Inefficient and sometimes also ineffective economic management is the price we pay for having a say. Democracy simply produces a certain type of politician and is per se an incredibly inefficient form of government. We accept that because of its advantage in being able to vote governments out and having opportunities to participate. In democracy, nothing is used more than the good right not to take advantage of participation opportunities.
Well. That also has to do with the fact that, unfortunately, the word "meritocracy" haunts society. A 100% meritocracy would only be one in which 0% is inherited. Of course, those who dream of it have not thought that far.
Overall, inheritance taxes are needed so that through the compound interest effect, wealth does not concentrate in a few families to the extent that after a few generations almost everything belongs to a few families. Where is the threshold to start and where is the limit of the rate? Who knows… 100% immediately is obviously nonsense.
Before I repeat my position, I will address only one point. Yes, democracy is inefficient. I gladly accept that. Slow decisions, much is possibly debated to death.
But that does not justify waste of budget funds at this level. That can be done significantly more efficiently even in a democracy. That is what matters to me. It is not at all about prices, contracts, or similar things being dictated by politics.