Yes, startup founders will become rich if they are successful, but what good does a startup founder having $10 billion in wealth vs $100 million? I don't think anyone outside of soviet russia is suggesting the hyperbole that is being discussed in this article, but let's be real - the reason for people working hard is to make more money, yes, that we know that is what keeps us from becoming an economic hell-hole, but there needs to be some limits here. At some point, the the cost of keeping so much wealth at the top is not being paid back by encouraging more and better entrepreneurs.
Also, let's not kid ourselves. It's not a zero sum game, but it's not the opposite either. He is discussing carpenters making a chair or whatever, and then comparing that to something completely different - the founders of facebook, sorry, they did not code every line of facebook themselves, they have thousands of employees that actually GENERATE the wealth. And, to be hyperbolic myself, if a wealthy founder gives away all his money to his employees, yes, that seems a little zero-sum if you look at it that way.
It get the article, he is trying to keep his founders from getting lynched, saying that they aren't a part of the problem, it's the rent seekers. But he is again trying to paint a black and white picture, saying "no, those guys are all bad, my guys are all good"
Also, let's not kid ourselves. It's not a zero sum game, but it's not the opposite either. He is discussing carpenters making a chair or whatever, and then comparing that to something completely different - the founders of facebook, sorry, they did not code every line of facebook themselves, they have thousands of employees that actually GENERATE the wealth. And, to be hyperbolic myself, if a wealthy founder gives away all his money to his employees, yes, that seems a little zero-sum if you look at it that way.
It get the article, he is trying to keep his founders from getting lynched, saying that they aren't a part of the problem, it's the rent seekers. But he is again trying to paint a black and white picture, saying "no, those guys are all bad, my guys are all good"