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According to your thinking, I'd be better off making $20K per year if everybody else made that much than I'd be making $50K per year if some other people made $100K and up. It's all about envy, not about what a person actually needs to survive. I reject this thinking. It can only lead to policies where EVERYONE has their lifestyles curtailed. If you want income equality, then everyone has to be poor. That's the way it works in North Korea and Zimbabwe. If you have an example of a better economy than ours, I'd love to hear it. Name the country with both income equality and a high standard of living. It doesn't exist. As incomes rise worldwide, it is absolutely inevitable that income inequality will grow. Inequality has never been larger in China. I guess they were better off when EVERYBODY lived by subsistence farming. Less inequality, you know. Last edited by markablue; 08-12-2007 at 07:17 AM. |
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^^^ Bringing up China is a great point.
A lot of the blame for America losing workers doesn't fall on businesses themselves, but the government for knowing better than to let these poor-human-rights violating countries undercut and supply us at every turn. Businesses only ship jobs overseas to be competitive worldwide - I don't think every business owner is evil here in America. |
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Moderator cut: personal remarks - off topic
Income inequality is HUGE in N. Korea and Zimbabwe. A small ruling elite lives in luxury while the majority starve. Most developed nations have a standard of living that is comparable to the US. But income inequality is far worse here. This is NOT inevitable. From 1945 to the early 70's, the US was able to improve its standard of living while DECREASING the gap between rich and poor (investing heavily in education was part of this story, BTW). For more info, here's a Wikipedia link: Standard of living in the United States - Wikipedia, the free encyclopedia "Marxist ideas?" Do you think anything less than complete laissez-faire capitalism equals Marxism? Moderator cut: personal I'll cut to the chase. I advocate higher taxes on the wealthy to pay for universal postsecondary education and universal healthcare. (This would incidentally siphon money away from the corrupt uses of it.) It's not about envy. This is about equality of opportunity, not equality of outcome, which makes me just a little bit left of center, not a radical. For anyone who's interested in these topics, here are a few books to get you started: Friedman, Milton. _Capitalism and Freedom_ (1962). Galbraith, John Kenneth. _The Affluent Society_ (1958). Phillips, Kevin. _Wealth and Democracy_ (2002). Sen, Amartya. _Development as Freedom_ (1999). All of the above are aimed at a general audience. The Phillips book is the most germane to the issue of income inequality, its causes, and its effects. It's thick, but it's mostly an easy read. The Sen book deals with international issues. Conservatives love Friedman. But I find it interesting to note that in _Capitalism and Freedom_, he stated that income inequality was LOWER in the US than in any other industrialized nation (which was true in 1962, after 30 years of Keynesian policies), and he offered this as evidence of the superiority of our system. But today, after almost 30 years of the policies that Friedman advocated, income inequality is WORSE in the US than in other developed nations. (But to give Friedman his due, he also advocated a "negative income tax" to help the poor. The Earned Income Tax Credit is something like what he had in mind). Last edited by markablue; 08-12-2007 at 07:16 AM. |
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