The "What is Money?" Show cover image

Civilization as Coordination at a Distance | The Aneesh Karve Series | Episode 7 (WiM286)

The "What is Money?" Show

CHAPTER

Social Welfare Programs - Is There a Moral Cancer of Theft?

In some ideal states, there would be no scarcity of different among people isn't even true empirically. And so there's a difference among people that are in the United States. So when you integrate it into the system, trying to force an outcome, we're going to steal a little bit more from people via taxation and inflation to fund these social welfare programs. The unintended consequence are these various social pathologies that Seoul describes. Replacing reciprocal social obligations with unilateral subsidies of self indulgence does not sound promising even in theory.

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