Spreading the Wealth? U.S. Already Does It

[cjma79]

Originally Posted by seattlenextyear

Well, I don't think it is either, but the neocons think it means "HATES JESUS"

No, , they think it "HATES CAPITALISM"

[cjma79]

Originally Posted by helenejen

Sorry, that post wasn't directed at you, though I mistakenly quoted you I started the post. (I edited that out though.)

But the fact is that Smith's text is still the bible for many modern day economists. And caring for the general welfare is very capitalistic.

I know the book, I havent read it, but have read quotes from the book durring college. Most if not all text books in economy has information about him

[helenejen]

Originally Posted by cjma79

I know the book, I havent read it, but have read quotes from the book durring college. Most if not all text books in economy has information about him

I'm not talking about textbooks; those often pervert Smith. I'm talking about current economic scholarship. The "moral market," taken from Smith's two major works is a major area of interest right now.

[brokerdave]

lord obama is campaigning the taxation of the wealthy for the direct benefit of the poor. that's communism. you can put all the lipstick you want on that.

[helenejen]

Originally Posted by brokerdave

lord obama is campaigning the taxation of the wealthy for the direct benefit of the poor. that's communism. you can put all the lipstick you want on that.

Wrong. "The wealthy" isn't even a category under communism. Please read some economic theory before speaking about things that you obviously know nothing about. Thanks.

[Ferd]

Originally Posted by MovingForward

Nobody's interested in ditching capitalism. And certainly not Obama.

well at least when you say that you sound convinceing.

but its huey!

[cjma79]

Originally Posted by helenejen

I'm not talking about textbooks; those often pervert Smith. I'm talking about current economic scholarship. The "moral market," taken from Smith's two major works is a major area of interest right now.

Can you explain please...

[cjma79]

Originally Posted by helenejen

Wrong. "The wealthy" isn't even a category under communism. Please read some economic theory before speaking about things that you obviously know nothing about. Thanks.

Well in full communist country(like Cuba) everybody makes the same money. But the idea of redistribution money, meaning making the rich poorer, and the poorer richer is a socialist idea.
Socialism: a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.