RE: Will The Economy Collapse?
December 22, 2012 at 2:12 pm
(This post was last modified: December 22, 2012 at 2:14 pm by jonb.)
(December 22, 2012 at 1:42 pm)median Wrote:(December 22, 2012 at 12:11 am)HorribleOffensiveScouser91 Wrote: We must look to re-distribute the resources.
The philosophy of the idea that people cannot own their own property is one in which 1) I disagree strongly, 2) is unAmerican, 3) denies basic human rights, and 4) is simply unrealistic (which is really, in my view, how communism has always looked).
The redistribution idea (Robin Hood) sounds nice, for some, but doesn't work in practice - unless of course all you're talking about is a small tax but that's not really what were talking about, is it? Most people who talk about actual redistribution see the 1% (holding most the wealth) and want that money to be "distributed" equally throughout. Is that what you're arguing for?
Of course, none of this has to do with my OP but I found it worth mentioning. So you're answer is a yes then?
How did my OP get twisted to start talking about capitalism vs socialism vs communism etc? Let's stick to the OP!
The distribution of wealth has a lot to economics.
http://www.businessinsider.com/15-charts...010-4?op=1
The proportion of wealth held by the top 1% and the general economic state has a strong relationship. It is actually a good predictor of slump when the richest gain over a certain level of the general proportion of wealth. To say that is not socialist or capitalist it is just an observation of how the market works.
