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Edge? He dived into the pool.
The only way the political spending has a socially productive value (and isn't basically throwing money at a prisoners dilemma), is if somehow the political campaigning is helping voters discover information that lets them vote more accurately according to their preferences.
You’re discounting the possibility of immense consumption value for Elon directly.
I wonder if Elon is regretting his antics. Dems hate him so much now, they're gonna try to make his business life difficult.
yeeess, I know.
I'm just saying, as a voluntary redistribution from rich trillionaires to postal worker/Bastiat window-repairsmen, it's not a complete societal waste.
Of course, I'm under no delusion that it's value-add etc, but a) compared to Applebaum's hypothetical of funding Medicare, it's definitely less bad and b) it's not a burn-trash-in-the-yard waste
You’re right on the edge of broken window type stuff