Wealth redistribution, how to spread it out?

[BOBO]

Since wealth redistribution is here to stay, the link below arrives at the most efficient way to redistribute our wealth to the non wealthy among us. Do you agree at his final conclusion about efficiently redistributing the wealth???


Let's Redistribute The Wealth, But How? - Forbes

 

[Avatar4321]

How about we let those who earn it determine how to spend it or use it for charity? crazy idea, i know.

 

[Mad Scientist]

From the article:

There is one method not yet discussed. Imagine if, instead of having the money doled out by the beleaguered One Percenters, or letting Washington distribute it, the government simply lets you keep more of the money you earned in the first place. Not only does this solve the inefficiency problem, we completely cut out the middle man. We can call it the “self distribution” method: You made it; you keep it; distribute it where you want.

Agreed.

But the OWS isn't about Wealth Redistribution. It's about banks and wall street fraud, finding out who's guilty and putting them behind bars.

Yes, other groups are trying to co-opt OWS, but that was it's original intent.

 

[Mr. H.]

The federal government is now spending at a rate of $3.5 trillion per year on thousands of redistribution programs, which equates to $9.8 billion per day. That is almost $3 billion per day more than what the One Percenters would be pouring on the heads of the protesters. And, if history is any guide, there’s no real limit to how much money Washington bureaucrats can throw out the window on any given day. In fact, it’s increasing all the time.

Har!

 

[Londoner]

The article is seriously flawed. It fails to mention that capital accumulation requires a massive publicly subsidized physical and legal infrastructure. It fails to mention that big business craves big government interference. Banks crave FDIC insurance (aka big government). Drug companies crave patent protection (aka big government). Big Oil craves the military protection of its supply chains. American transnationals crave global military stabilization so that capital can flow unobstructed to the cheapest resources and labor markets. Profit in the Southwest exists because Big Government infrastructure (see Hoover dam). Goods are transported across the country more efficiently because of the interstate system (see big government. And let's not talk about all the energy grids, and roads, dams, ditches, sewers, and water delivery systems supplied by government infrastructure projects. Does the average rightwing voter know how many public subsidies have gone into, say, the creation of Manhattan? or the making rural America? IS FOX News this powerful?) And what about commercial aviation (-study the relationship between Boeing and government). And what about the 80's consumer electronics boom (-study the Cold War Pentagon and NASA budgets which produced so much of the technology that found its way into mass consumption. And let's not about the evolution of WWII war manufacturing into domestic consumption industries). Commerce depends heavily on Big Government. (The Rightwing voter has been lied to)

The author of the article should keep quiet about his affiliation with the Reagan library. Doesn't he know that the Reagan War on Drugs created a context for federal intervention in the states that is completely antithetical to the libertarian ethos? Or what about the bailouts given to the S&Ls? Has he ever been to CATO's website? If he had, he would have learned that the Reagan's chapter in the Cold War grew Big Government more than anything this side of LBJ. (Rightwing voters have no idea how much postwar globalism, i.e., the creation, maintenance, and defense of the global market system, has lead to massive growth of Washington's power. Nor are they told how much National Security is used to grow the centralized power of the state. The Homeland Security department is the largest, most powerful, most non-transparent, most expensive bureaucracy created in history, yet the Right says nothing about it. Why? Because Forbes and Talk Radio never mentions this stuff. The Rightwing does not get it: you can't grow government in order to ensure total safety. Life is dangerous and a Big Nanny Government cannot protect you. We would all love total safety, but, unlike Republicans, we don't want to grow government in order to get there. Why? Because we believe that government will not only waste our money, but will likely create bigger problems)

Let's not forget when Reagan stopped enforcing the Sherman Act, thus paving the way for an era of mega-mergers, leaving us with too-big-to-fail financial firms who raped this country's future with a criminal derivatives market before being bailed out by the public...

People actually take seriously articles like the one linked by the OP. They live inside a bubble where they hear the same stories about keeping the money they earned. But here is what they never hear: profit makers love Big government. This is why Washington has been turned into a lobbying kingdom. If Big Government didn't exist, than Big Business would invent it in order to socialize its costs (subsidies) and absorb its losses (bailouts).

Attention Rightwing. Please stop growing government. We can no longer afford you.
A hidden world, growing beyond control | washingtonpost.com

(and stop lying about how you are the party of small government. Stop reading Forbes and watching FOX. You are being lied to. Everyone knows that capital is heavily dependent on a dynamic interventionist state sector)

 

[Chris]

How about we let those who earn it determine how to spend it or use it for charity? crazy idea, i know.

Don't you mean those who steal it?

 

[auditor0007]

Since wealth redistribution is here to stay, the link below arrives at the most efficient way to redistribute our wealth to the non wealthy among us. Do you agree at his final conclusion about efficiently redistributing the wealth???


Let's Redistribute The Wealth, But How? - Forbes

Fucking great article. Let's cut taxes for everyone so everyone can keep more of their money. Of course we only need to cut government spending by over $1 trillion per year just to start, then we'll need to cut even more so everyone can keep more of their money. Of course with all those cuts, everyone is going to suffer the effects, except maybe the top ten percent, but I would imagine it would even hit them eventually.

Damn, I used to actually think Forbes was decent reading.

 

[BOBO]

It MIGHT have started out that way but once the anarchists, nazi's, commies & pup phukers infiltrated the OWS crowd, it torpedoed OWS into infamy. The OWS movement has become an embarrassment to the DNC.

 

[BOBO]

...'mutha Jones', National Pornographic, or the 'Rolling Bones' publication.... take your pick.

Since wealth redistribution is here to stay, the link below arrives at the most efficient way to redistribute our wealth to the non wealthy among us. Do you agree at his final conclusion about efficiently redistributing the wealth???


Let's Redistribute The Wealth, But How? - Forbes

Fucking great article. Let's cut taxes for everyone so everyone can keep more of their money. Of course we only need to cut government spending by over $1 trillion per year just to start, then we'll need to cut even more so everyone can keep more of their money. Of course with all those cuts, everyone is going to suffer the effects, except maybe the top ten percent, but I would imagine it would even hit them eventually.

Damn, I used to actually think Forbes was decent reading.

 

[zonly1]

Since wealth redistribution is here to stay, the link below arrives at the most efficient way to redistribute our wealth to the non wealthy among us. Do you agree at his final conclusion about efficiently redistributing the wealth???


Let's Redistribute The Wealth, But How? - Forbes

70 years on the war on poverty has produced what to society? No improvement. more insanity of taxing the rich and chasing them out of the local, state and country.

 

[editec]

Wealth redistribution, how to spread it out?

There's two ways to do it.

One sucks, the other works splendidly


1. Redistribution by government -- we're essentially doing that right now and I think we can ALL SEE that this is a truly bad system.

2. Redistribution by WAGES -- Of course that's no longer happening because we have handicapped labor in favor of capital though two basic policies:
FREE TRADE and the continued assault on unions and collective bargaining.

Those are the two ways we can see to it that income and wealth distribution doesn't become so lopsided that the working class goes totally broke.