Is Wealth Redistribution A Good Thing?

Discussion in 'Economics' started by oldtime, Mar 29, 2013.

  1. Humpy

    Humpy

    A good catch-all is imho to reject all extremism . Whether they are on the RIGHT like Hitler or on the LEFT like Stalin/Mao. The extremists have a long and very bloody record of murdering anyone who disagrees with their pet theories.

    The average guy and me is hardly likely to ever be El Supremo so we have to put up with the people at the top. It is up to the people not to be pushed around, robbed and murdered.

    There is an old saying that it is " the scum that float to the top ". So beware.
     
    #61     Mar 31, 2013

  2. Darwin was a scientist. Marx was a thug
     
    #62     Mar 31, 2013
  3. well said

    that just about sums it up

    when I lost my mind, I went back to Indiana University and started taking Biology classes

    They drilled it into your head how important Darwin was

    Later, I started reading books on economics

    and they drilled it into your head that economics is just about as foolish as psychology

    the biologists who respect Darwin certainly don't consider Marx to be a scientist (or any other economist for that matter.)
     
    #63     Mar 31, 2013

  4. Wealth distribution will be on the rise.

    Here's why

    http://www.npr.org/2011/11/03/141949820/how-technology-is-eliminating-higher-skill-jobs

    The U.S. economy hit an important milestone last week: Gross domestic product, the sum of all goods and services produced in the country, returned to pre-recession levels. But the gains were made with millions fewer workers. Part of the reason is technology, as computers and machines continue to replace humans.
     
    #64     Mar 31, 2013
  5. yeah, same thing happened when they invented the wheel

    a lot of backpackers got laid off that day
     
    #65     Mar 31, 2013
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    #66     Mar 31, 2013
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    #67     Mar 31, 2013
  8. ---------------------------------------------------------------------------------

    So what is poor?
     
    #68     Mar 31, 2013
  9. the bottom 50%

    and the top 50% are rich

    there is no middle class

    it's the rich against the poor

    choose your side and let's have an all out class war

    no hanging out in the middle undecided
     
    #69     Apr 1, 2013
  10. achilles28

    achilles28

    Redistribution was a good idea when society felt ashamed to take it, and recipents starved if they didn't get it. A true safety net. Fast forward to today - all walks happily take advantage of any handout, and most don't need it!!

    Jefferson said once the public figure out they can vote themselves the Treasury, the republics death is near.

    For every germany, there's twenty or thirty "socialist revolutions" that failed miserably on their ass. Dirt floor poverty.

    Redistribution, communism, socialist revolution....whatever you wanna call it - its a pipe dream - a mirage - sold to the idiot masses who want to believe they can get something for nothing. Their elites sell them this delusion knowing full well it ends it abject poverty. Why? Because they're interested in power and skimming off the top. Its difficult to rule without the consent of the governed. So they win the right to rule by promising the masses a delusion that's "just around the corner" so long as u keep voting for me. And then they engage in all sorts of bellicose and colorful rehtoric about the "great revolution" and "trimphing over the evils of capitalism" and the herioc plight of the working man. Its all bullshit. Dictators are slick conmen with a penchant for violent psychopathy. Its a good rackette tho. Pays well. The richest men in the world aren't on the forbes 400. They're dictators and their cronies that siphoned off tens of billions over decades.
     
    #70     Apr 1, 2013