- May 20, 2009
- 144,422
- 66,813
- 2,330
Much like Einstein's thought experiment of riding a beam of light that gave rise to the Theory of General Relativity. Let's take a ride on economic theory of Progressives and see where we arrive.
As we transition more and more toward Progressivism we notice a few things:
As we transition more and more toward Progressivism we notice a few things:
- overall poverty increases
- wealth becomes more concentrated at the top
- government regulation increases
- more people depend on government even for the basics of life
- poverty and destitution are the norm
- wealth is now concentrated in the political ruling class who have amassed the entire wealth of the nation for themselves
- all activity is regulated
- all people depend on government for their daily bread