Is Wealth Redistribution A Good Thing?

Humpy · Mar 31, 2013

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.

mgabriel01 · Mar 31, 2013

Quote from sle:

Well, at the time economics was still a part of the overal "social science" field and, Marx (plus Durkheim and Weber) was most certainly a founder of that field, in a sense of providing theories that can be tested using the scientific method. Well, as much as anything in social sciences could.

Two major points (even if one agrees that a social concept can be "roundly debunked" at all):
(a) the fact that a scientific theory has been proven wrong does not make it's creator less of scientist
(b) LTV served as a foundation to a lot of economic theories that continue to thrive to this day

Not that I am a Marxist, just saying...

Darwin was a scientist. Marx was a thug

oldtime · Mar 31, 2013

Quote from mgabriel01:

Darwin was a scientist. Marx was a thug

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.)

RCG Trader · Mar 31, 2013

Quote from oldtime:

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.)

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.

oldtime · Mar 31, 2013

Quote from RCG Trader:

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.

yeah, same thing happened when they invented the wheel

a lot of backpackers got laid off that day

trendlover · Mar 31, 2013

Quote from oldtime:

so no matter what, I will always be poor, until I can make more than 50% of what others make

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Why? Why do you feel poor if you not make 50% of what others make? Why do you compare that number to your life?

oldtime · Mar 31, 2013

Quote from trendlover:

Quote from oldtime:

so no matter what, I will always be poor, until I can make more than 50% of what others make

----------------------------------------------------------------------------------

Why? Why do you feel poor if you not make 50% of what others make? Why do you compare that number to your life?

More...

I don't feel poor, and I make more than 50% do, it's pretty low, so if you are not a drug addict you are probably rich

and even if you are poor in America they give you food and a small pension at the end of your life

trendlover · Mar 31, 2013

Quote from oldtime:

I don't feel poor, and I make more than 50% do, it's pretty low, so if you are not a drug addict you are probably rich

and even if you are poor in America they give you food and a small pension at the end of your life

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So what is poor?

oldtime · Apr 1, 2013

Quote from trendlover:

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So what is poor?

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

achilles28 · Apr 1, 2013

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.