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It would be a much better argument without the strawman of absolute equality.

From the same reference:

"This argument applies proportionately. It's not just that if you eliminate economic inequality, you get no startups. To the extent you reduce economic inequality, you decrease the number of startups."

But that is not the argument he makes leading up to the quote. It may seem like semantics, but mixing absolute and relative inequality makes an increase in equality seem unfavorable.

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