Excerpted from an 11:06PM, 20FEB2015 post to the thread
//www.city-data.com/forum/econo...l#post38546511 .
Populist economic policies percolate their nations’ people up through income brackets of increasing purchasing powers. Due to the increased migration of employees to wages of greater purchasing powers and their effects upon their nations’ median wage and their entire economies benefit.
Although proportional to incomes, lesser earners are greater beneficiaries of populist policies, (because the entire population shares a greater pie), higher income earners receive the greater amounts of benefits due to their nations’ economic improvement.
The obvious question is if populist policies are of such net benefit, why are so many conservatives opposed to them?
Of course if you’re doing so well with the status quo, you’re much less likely to risk change and more likely to believe what has been to your benefit has also been to your nation’s best interests. Although commercial enterprises and their nations’ best interests generally converge, upon some issues they diverge.
What’s seldom discussed is some people’s need to obtain and/or retain superior status over others. These are people of such little confidence in their own self worth that they are impelled to do what they can to restrain and/or diminish others. They cannot admit even to themselves that if they had to choose greater status for themselves or greater wealth and lesser status, their need for status is of greater priority. To their minds the greatest benefit of wealth is the status that that they can derive from that wealth.
Respectfully, Supposn
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
