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You could take 99% of the wealth from the top 12 wealthiest people in the US, and they’d still have over a billion dollars each.
Well…minus the negative value those assets would have with the massive surplus on the market of trying to realize the rest of their assets
I mean it is true if you’re doing it as a one-time event. This is one of the main critiques against Rawls’ Veil of Ignorance.
True. It would need to implemented alongside economic reform.
Trickle-down was an experiment. It was proven to be a failure based on the current wealth inequality. Now we just simply need to redistribute and try something else.
False.
Trickle down was a REBRAND. It used to be called “Horse and Sparrow economics.”
The literal idea being that horses get to eat whole grains, and sparrows peck their meals from horseshit.
It’s true that Reagan’s Trickle-Down was a revival of Harding’s Horse & Sparrow, but that doesn’t affect my point.
We’ve proven it doesn’t work. The correct solution is to redistribute and try a different method to check capitalism.
Oh for sure. I wasn’t advocating for it!
But it does change the point in your messaging. To call it “an experiment” gives it a quality of transience, whereas establishing the actual history of the methodology allows people to understand the scope and magnitude of how long and deeply the masses have been bamboozled.
That’s fair.
Regardless, Trump’s solution of bringing back Reagan’s first economic plan, Voodoo Economics, will drive inequality even faster than Trickle-Down.
Yep, Socialism is necessary.
Oh really, would like to learn more.
Sorry for taking so long to get back to you. So to start you may want to read up on Rawls’ theory of Justice as Fairness and how he uses the original position thought experiment (imagining society from behind the veil of ignorance).
Robert Nozick wrote a critique of Rawls’ theory: that it was a “patterned but not historical” principle (that it gives no moral weight to who produces what) and that “liberty upsets patterns.” That is to say, if you start with an equal society where everyone has the same resources you can’t expect it stay that way if everyone is free to exchange those resources with each other. Just like in the game of Monopoly, you’ll see winners and losers after enough time has passed.
This is all to say that the big problem for Rawls is that his theory is a “time slice theory.” It is very strong at describing how a society can be made to be just at a single moment in time but it fails to account for how that state of affairs can be preserved long-term without restricting people’s liberty. One can argue that the game of Monopoly is just according to Rawls’ theory because everyone starts with identical resources at the beginning!
Wow. That’s super interesting. I’ll have to check out these links. Thank you very much for the detailed reply!
What movie is this template from?
Inception
oh right, should have known!
Inception, a sci-fi/action/suspense movie
OK let’s start by redistributing wealth hoarded in churches, prioritized by a product of the number of hectares of land owned by the church and the volume of redistribution propaganda the church has promoted
Wasn’t that one is the big shit shows in France, that the church didn’t want to give up land? They were forced to eventually
There was a disestablishment during the Revolution that seized land from the Catholic church. Revolutionaries also socialized vital records and institutionalized divorce, which had all previously been under the church’s dominion.
Depends. If you mean simple Social Safety Nets or UBI, these are band-aids on a much larger problem, that problem being Capitalism itself. If you mean public ownership of Capital and democratic central planning, ie Socialism, that is necessary and does work.
The problem with only increasing social safety nets is that these nets are eroded over time if you maintain Capitalisy power, and there is still the necessary rise in disparity that comes with late stage Capitalism as markets coalesce into syndicates ripe for central planning (which Marx took as meaning Socialism is the next phase in development of Mode of Production, as Capitalism creates the ideal conditions for Socialism over time).
I keep a “Read Theory, Darn It!” introductory Marxist reading list if anyone wants to read more, or feel free to ask questions.
Well it doesn’t. Because the people distributing and in charge will always get more. See that’s my issue with communist having grown up around communist regimes. It works great on paper but ignore the fact that humans are greedy and selfish and once they’re in power, will abuse it.
Things weren’t so equal in places like Cuba when the Communists took over. Everyone gets the same, except me cause I’m in charge, and my family, and my friends… It just devolves into human greed.
I prefer the old Roman model where the rich were expected to provide free services to the poor, and if they didn’t do their duty, the government just killed them and distributed their money.
this person claims to have grown up under a “communist regime” where he and his friends were “raped”, but if you look at his comment history you will find many comments that contradict that. do not believe any anecdotes he shares.
Quick background about me for this racist. I’m native from central america, few who survived the genocide of the past fascist regimes who your grandpa fascilitated. fled to the south after your daddy fucked my country with its CIA dick, while the Russians fucked us from the other side. I then fled to the u.s where you called me wetback, and other racial slurs. Went up to Canada after, where I now am a citizen and get to hear white kids like you argue that there’s no such thing as a central/South American native person. And I do care about genocide, I only hate your hypocrisy and insistence in leading this movement. Get out of the way so it can be credible. I’ve been against all genocides, Muslims in China. Kurds, Arabs. All while you guys wanted every Arab and Muslim dead post 9/11. You only care about this one genocide, cause you were told to by Instagram.
Anyways, enjoy your ignorance you racist
I’m gonna copy my answer from the other threads where you’re showing racist bullshit about me:
Stupid American. There’s no natives or Indians anywhere but the u.s right? Not like the entirety of the Americas is populated with native peoples, despite your best efforts to eradicate us. Damn you’re seriously stupid, or racist, or both. Literally every country on this continent has us.
History did. Nobody likes to hear that the only real way to improve their situation is through their own effort, regardless of whether you invest your effort in earning more money or by rejecting the rat race and growing in other ways.
Where in history did this actually happen? I’m not talking about people saying they did, or a communist revolutions where the wealth just shifted hands, when did the wealth get redistributed evenly in history?
That’s the point.
I’m going to need you to clarify your first comment, because I have no idea what you are talking about or what your point might be. I thought I understood, but this follow up is baffling.
The point is that no matter what sort of social structure you invent, you’re going to need some sort of authority to determine who gets what if you want to redistribute people’s things. That authority position will be greatly coveted by those who desire to use it to monopolize whatever wealth your society possesses.
Right - but a well educated, fully engaged population in a democratic state can keep those types of people in check.
This is a difficult and ongoing battle with those that want to seize that power and wealth and it takes sacrifice and time to do.
well educated, fully engaged population
…is something you aren’t going to have when exceeding the average is “rewarded” by have any gains you may have made redistributed to underachievers.
“Underachievers”
I hate this myth of the lazy person, that there are significant portions of people that are lazy enough to throw the entire system off.
In almost every single UBI study done on this planet, that has not been the affect.
Turns out the vast majority of people like to achieve things, rewards are not just monetary and the way people feel about money varies.
The odds of you motivating me to do something specifically for money is so low, there has to be another incentive. Why because my base needs are already met, so I have the ability and time to focus on my other needs.
That’s what inherited wealth does for people. There is not a massive portion of underachievers and this seems more reflective of the way you view people.
