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originally posted by: CrapAsUsual
a reply to: dragonridr
Money as potatoes, as grains of sand are not infinite. So if there are two of us and I have 9 out of ten, you will necessarily have one.
You can argue:
"There is nothing inherently wrong with this... Please explain how your neighbor's net worth affects you personally. It doesn't other than making you jealous. "
But no, this is the top of the pyramid argument planted in your head and you just repeat it because you don´t want to be seen a a jealous person. In fact this has nothing to do with wanting something that belongs to other, this has all to do with allowing someone to exploit a sustem that was conceived to allow all to live with dignity.
I ask you. Would it be possible to have a Bill Gates in Djibouti?
It wouldn´t because the Djibouti socio-economic environment is not developed enough to allow someone to generate that kind of wealth.
Millionaires/Billionaires are a product of the society they live in and they owe their wealth to the society where the fortune was achieved.
The hard work of countless people was necessary to evolve a society to a point where these fortunes could be made and societies evolve to provide better living conditions and a life with dignity to the general population, not to germinate billionaires.
Billionaires just take advantage of their power and the society they live in to grow their wealth mercilessly, shamelessly.
What difference would it make to Bill Gates to have 1 billion instead of 50 billion? Or to your wealthy neighbour to have one million instead of 10 million?
The difference is none. So why don´t they stop when they achieve a comfort level?
Because they are greedy and greed is a real sin, not jealousy, if you want to take the discussion that way.
YES. It should create dignity, not millionaires. Millionaires are smart asses who took advantage of an imperfect system of government.
"ANYONE has the ability to make themselves wealthy through hard work and creativity."
So you just didn´t worked hard and weren´t creative enough right?
"isn't like before where you had to be born into the right family or be one of the chosen few selected by the government to be an elite."
Of course it is, you are rich because your parents are rich and they are rich because their parents were rich, just like before. Barons are one in a thousand or less.
No its not. Resources are finite, a country cannot print money or even make it out of thin air at will. For every millionaire thaere are thousands who must live n poverty.
"Many of these people give away large portions of their wealth. None of you ever want to talk about all the philanthropic things that these people do. "
Don´t let your genes fool you. People do not live from crumbles. Beside that, how many of those benefactors didn´t wanted to see their glorious name stamped on top of those magnificent buildings they made for the populace?
No one needs more than a decent home, a decent car, decent food, and not much more. No one needs a business jet, no one needs a diamonds necklace, no one needs a rolex.
originally posted by: Edumakated
In life, 20% of the people will have 80% of the wealth.
There is nothing inherently wrong with this... Please explain how your neighbor's net worth affects you personally. It doesn't other than making you jealous.
There will always be people who are more successful than others. Always. Some work harder. Some are lucky. Regardless of the reason, there will never be equity.
I'd love for one of you to tell us when we ever had "income equality". It simply doesn't exist because it is an arbitrary measure.
originally posted by: jellyrev
According the quote. This was a game of probabilities not a realistic model. Congratulations 92% of people are risk averse gamblers while 8% are high risk gamblers. Wow, blows my mind. Can you believe it. Would I rather have 100% chance at 50k or a slim chance of being rich with great chance of being poor.
originally posted by: ketsuko
a reply to: Puppylove
Well that comes with morality, but we're not allowed to teach that anymore. It's to religious.
So we threw that baby out with the bathwater and now we try to legislate it (socialism) which obviously doesn't work.
You want a society that cares about others and respects them, then you need one that is moral and morality is not an issue of economics.
originally posted by: ketsukoI remember the story about the financial agency whose job was to safeguard against the financial crisis of 2008. They found out that the people who were supposed to be watching against it were busy spending up to 8 hours every day surfing porn on their government computers rather than watching for signs of impending crisis. In typical government fashion, the answer was not to fire them down to where they had enough work to keep one official busy 8 hours a day ... Nope, it was to hire a new position to watch the others to make sure they weren't surfing porn!
This sort of thing is why social programs fail.