Comment by czl

Money is less about personal consumption and more about a voting system for physical reality. When a company holds billions in IOUs, they are holding the power to decide what happens next. That capital allows them to command where the next million tons of aluminum go, which problems engineers solve, and where new infrastructure is built.

Even if they never spend that wealth on luxury, they use it to direct the flow of human effort and raw materials. Giving it away for free would mean surrendering their remote control over global resources. At this scale, it is not about wanting more stuff. It is about the ability to organize the world. Whether those most efficient at accumulating capital should hold such concentrated power remains the central tension between growth and equality.