Is redistribution of wealth a misnomer?

Discussion in 'Economy' started by manifold, Jul 14, 2010.

  1. manifold
    Offline

    manifold Diamond Member

    Joined:
    Feb 19, 2008
    Messages:
    51,269
    Thanks Received:
    7,591
    Trophy Points:
    1,830
    Location:
    your dreams
    Ratings:
    +25,556
    Shouldn't it just be called distribution of wealth?

    :eusa_think:
     
  2. martybegan
    Offline

    martybegan Platinum Member

    Joined:
    Apr 5, 2010
    Messages:
    32,245
    Thanks Received:
    4,445
    Trophy Points:
    1,140
    Ratings:
    +13,713
    Using the term redistribution implies that you are correcting a past error. The previous distribution was unfair for "reason X" therefore we are correcting said unfairness by taking from some people and giving it to others.
     
    • Thank You! Thank You! x 1
  3. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,629
    Thanks Received:
    7,823
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,223
    Capitalism naturally distributes wealth, as it creates it, by rewarding the most efficient and those who contribute the most.
    Government seeks to redistribute that wealth, rewarding those who put them in office and keep them there.
     

Share This Page

Search tags for this page

redistribution of wealth is a misnomer