Redistribution of wealth.

Discussion in 'Politics' started by LilOlLady, Sep 18, 2012.

  1. LilOlLady
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    LilOlLady Gold Member

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    REDISTRIBUTION OF WEALTH.
    A system with no redistribution of wealth which adds some measure of redistribution may actually experience a Pareto Improvement, meaning that no persons within the system are worse off and at least one person is better off. Such an outcome is most likely if all high-income people in the system are altruistic in nature, in that they derive some economic utility in giving to the poor. For example, a rich person may experience more utility from giving $100 to the poor than they would have gained had they spent $100 on something for themselves. The poor person receiving the $100 will also be better off. In addition to altruistic reasons, rich persons may support governmental redistribution of wealth: 1) as a form of insurance policy (should they ever become poor, the policy pays off and they are able to collect benefits from the government); or 2) because it improves social stability (lowers crime and rioting among poor people)[ allowing rich persons to more easily enjoy the benefits of their wealth.
    Redistribution of wealth - Wikipedia, the free encyclopedia

    Did Jesus believe in redistribution of wealth?
    Does Jesus preach redistribution of wealth in the Bible? - Yahoo! Answers
    One sure thing about Radical Right Wing Extremists is that they don’t trust their GOD. Maybe that is because they don’t know him.
     
  2. Matthew
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    Matthew Blue dog all the way!

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    You make a good point on this...It's a balancing act. Rather then one side or the other.

    On the other side you need capital to run a business and that takes wealth.
     

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