redistribution
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Aug 18, 2023 by David Sacks · across every show →
Everything said about redistribution, oldest first
Aug 18, 2023 bearish
Sacks: Wealth redistribution fails because it creates welfare dependency
“Declaring a simple war on poverty that's based around redistribution doesn't work because what we've seen is that it also creates a lot of dependency. And so a lot of these policies backfire. So simplistic redistribution is not going to solve the problem.”