We&#x27;ve also somewhat institutionalized the belief that all innovation would cease if those laws were even slightly more re-balanced in favor of more redistribution downward.<p>PG&#x27;s essay seemed to hint at that kind of thinking, but I couldn&#x27;t tell if he was advocating against higher taxes on the very wealthy, or whether he was more vaguely saying &quot;don&#x27;t mess with the startup machine&#x27;s incentive system&quot; without being specific as to what that means.