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Old 07-19-2014, 10:39 AM
 
8,104 posts, read 3,960,029 times
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How come the extreme Income Inequality in the Soviet Union was bad and used as propaganda against them while the growing Income Inequality is Good in the USA?

In the Soviet Union, all the money was concentrated at the top between politicians and Banking and Big Business working together hand in hand.

It is not much different in the USA where Multinational Corporations and Wall Street are in bed with the government and account for the majority of the nations wealth.
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Old 07-19-2014, 10:46 AM
 
29,531 posts, read 19,620,154 times
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So what do you propose? Revolution? Take down the government? Nationalize corporations? Tax the 1% at a 90% rate? I'm all ears
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Old 07-19-2014, 10:51 AM
 
7,359 posts, read 5,463,530 times
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Quote:
Originally Posted by J746NEW View Post
How come the extreme Income Inequality in the Soviet Union was bad and used as propaganda against them while the growing Income Inequality is Good in the USA?
Who said that growing income inequality was good? I've never seen one single person ever, no matter what their politics, say that.
Quote:
In the Soviet Union, all the money was concentrated at the top between politicians and Banking and Big Business working together hand in hand.
No it wasn't. In the Soviet Union they had a command economy. Banking and business didn't work hand in hand with politicians. Banking and business did what politicians told them to do.
Quote:
It is not much different in the USA where Multinational Corporations and Wall Street are in bed with the government and account for the majority of the nations wealth.
It is entirely different in the USA. You really need to do some research on free markets versus command economies and get more than the superficial perspective you have now. In the Soviet Union the politburo made the decisions in its own best interest. In the USA individual private citizens make the decisions in each of their own best interests. It doesn't really matter that there is a massive level of corruption in both systems, that is still a fundamental difference which makes the two systems absolutely nothing alike.
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Old 07-19-2014, 10:53 AM
 
8,104 posts, read 3,960,029 times
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Quote:
Originally Posted by chicagogeorge View Post
So what do you propose? Revolution? Take down the government? Nationalize corporations? Tax the 1% at a 90% rate? I'm all ears

BOOT the Big Multinational Corporations and Big Banks out of the government and let them make it on their own as it should be.

End many of the Foreign Economic Trade Pacts that benefit the top elite at the expense to everyone else in this nation.

Employing Cheap Commie or Third World Labor for Low Quality Goods sold at the same price when adjusting for inflation and stagnant wages is only working for the shareholders and top elite.

This is a start.
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Old 07-19-2014, 10:57 AM
 
Location: Oklahoma
17,798 posts, read 13,692,692 times
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Quote:
Originally Posted by chicagogeorge View Post
So what do you propose? Revolution? Take down the government? Nationalize corporations? Tax the 1% at a 90% rate? I'm all ears
Who knows, the 70-94% top tax brackets we had from the end of WWII to 1981 might have provided the revenue to bring the Soviets down.
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Old 07-19-2014, 10:59 AM
 
8,104 posts, read 3,960,029 times
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Quote:
Originally Posted by kidkaos2 View Post
Who said that growing income inequality was good? I've never seen one single person ever, no matter what their politics, say that.
No it wasn't. In the Soviet Union they had a command economy. Banking and business didn't work hand in hand with politicians. Banking and business did what politicians told them to do.
It does not matter on what order you place the Hierarchy of Corporations, Banks and Politicians. The result is the same where the winners at the top rig the game for themselves and their cronies and everyone else looses.

In a time when political donations and lobbying is only increasing, the effect is only going to get worse.

One look at the top spenders in lobbying and who the winners are says it all. Wall Street, Insurance and Healthcare, which is exactly where the wealth in the country is also concentrated.

Lobbying Spending Database | OpenSecrets


Misc Business $6,078,960,580
Health $6,008,970,746
Finance/Insur/RealEst $5,987,751,654

Communic/Electronics $4,928,429,581
Energy/Nat Resource $4,462,152,496
Other $3,184,831,387
Transportation $3,059,318,830
Ideology/Single-Issue $1,965,929,158
Agribusiness $1,809,056,698
Defense $1,730,989,688
Construction $656,221,136
Labor $594,160,648
Lawyers & Lobbyists $415,404,522

Last edited by J746NEW; 07-19-2014 at 11:09 AM..
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Old 07-19-2014, 12:27 PM
 
Location: Las Vegas
5,864 posts, read 4,979,703 times
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Quote:
Originally Posted by J746NEW View Post
BOOT the Big Multinational Corporations and Big Banks out of the government and let them make it on their own as it should be.

End many of the Foreign Economic Trade Pacts that benefit the top elite at the expense to everyone else in this nation.

Employing Cheap Commie or Third World Labor for Low Quality Goods sold at the same price when adjusting for inflation and stagnant wages is only working for the shareholders and top elite.

This is a start.
^This.
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Old 07-19-2014, 12:32 PM
 
26,694 posts, read 14,565,372 times
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Quote:
Originally Posted by J746NEW View Post
BOOT the Big Multinational Corporations and Big Banks out of the government and let them make it on their own as it should be.

End many of the Foreign Economic Trade Pacts that benefit the top elite at the expense to everyone else in this nation.

Employing Cheap Commie or Third World Labor for Low Quality Goods sold at the same price when adjusting for inflation and stagnant wages is only working for the shareholders and top elite.

This is a start.
You are a enabler of the corporations you are against.
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Old 07-19-2014, 12:46 PM
 
8,104 posts, read 3,960,029 times
Reputation: 3070
Quote:
Originally Posted by lifeexplorer View Post
You are a enabler of the corporations you are against.

Nope, there are thousands of small business owners and small corporations in this country that do not lobby the government, engage in buying of politicians or trading stocks on Government Wall Street. I have no problem with these.


The Big Multinationals and Big Wall Street Banks that exist between DC and their Industry I have a problem with and do not do business with them.
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Old 07-19-2014, 01:50 PM
 
26,694 posts, read 14,565,372 times
Reputation: 8094
Quote:
Originally Posted by J746NEW View Post
Nope, there are thousands of small business owners and small corporations in this country that do not lobby the government, engage in buying of politicians or trading stocks on Government Wall Street. I have no problem with these.


The Big Multinationals and Big Wall Street Banks that exist between DC and their Industry I have a problem with and do not do business with them.
They do!
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