I agree. However, we in the U.S. have already fallen victim to income redistribution "either dictated by a) some more or less obscure ideologies or b) by corruption or its sibling, lobbyism." I believe that when there is free and unfettered competition in the market place wealth tends to be distributed fairly. Unfortunately in the "capitalist" U.S. the government has, in recent years, failed rather badly in it's proper role of preventing monopolies and cartels. In fact the government has been complicit in preventing a free and open market place, and has become the hand maiden of the regulated rather than the other way around. The result has been unfair and unreasonable concentration of wealth and a shrinking, in recent years, of the middle class with greater numbers barely above the arbitrary poverty line. Consequently, if these defects in "capitalism" are ever to be successfully addressed, one could expect to see some redistribution of wealth from those at the upper end to those lower down in the wealth spectrum. If that happens, we will be certain to hear the cry of "socialism" coming from those who have benefited the most from the government-business partnership, when all that is really happening is a correction of past excesses.
Indeed. Some people need to be taught basic supply and demand. And the monopolistic aspect of our economy. Thanks God this is a British paper. Who care about the British anyways??
Until we can actually agree on the purpose and meaning of life, the only logical position is that we are all more or less equally worthless.