Michael Giberson
From Aaron Smith, econoblogging at the Christian Science Monitor, speaking of government intervention into the economy and capping “excessive” salaries in particular. (Note that the first sentence is explicating typical arguments made by other folks, not Smith’s own view. The very good sentence is the one that follows.):
The money saved from capping these salaries could be used to pay higher wages to less skilled workers, such as administrators and janitors; or better yet, the excess funds could be refunded to patients to lower the costs of their medical bills. In the realm of imagination, there are no limits to altruism.
Garbage! Highly regulated industries are listed and the funding for asking the first party is scarcely a funded component of them; Europe can complain that’s where the US gets its EU regulation activity in! Moreover the most interesting results; tacit interests (low-maintenance robots; the availability of fresh local tigers; enjoyable top jobs) and compliance, recognized good will and charitable extents, are shorted. So, while entertaining a sustainable altruism economy (somehow -commonly- embedding capital and labor) is fine, the claim of fantasy is unfounded.
A corpus exploring enterprise of intentional intenability and villainy exists, though with major gaps.