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7. Folks who have never run a business think they can decide what level of margin represents greed, rather than ambition.
Arrogant and twisted way to suggest a way to judge greed. Poor folks can be greedy and so can hourly workers. Judgement of greed related to accumulated wealth is a simple judgement equated to how much wealth there is and how it is distributed.
Its funny how liberals like you have something wrong with "accumulated wealth." Yet, you want a living wage, but not "accumulated wealth." You want $15 bucks an hour working at a Mickey D's, but not "accumulated wealth." Naturally, those two things will lead to an "accumulation of wealth;" something you view as "greed." What a specious little rationale that is.
You really can't see any distinction between say the working poor struggling to pay rent and feed their family....and hundreds of millions of dollars held generationally in hereditary trust funds?
I think most Americans can.
Thomas Jefferson is one American who sees things far differently than you do:
"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it."
US Department of the Treasury
Founding.com A Project of the Claremont Institute
His view, of course, is more American and less Bolshevik.
Thomas Jefferson the slave owner, born into sumptuous privilege? Yeah, I'd expect someone like him to have a different perspective than say the working poor.
Thomas didn't inherit his slaves, land and wealth because of his 'industry and skill'. But because of his blood line. With most of the day to day operations of his plantation carried out by his slaves. It it any surprise that he would try and justify what generational wealth and privileged should be lauded and maintained?
None of us have slaves. Most of us aren't born into wealth and privilege but instead have to work for a living. And demanding a wage sufficient to feed yourself and your family and cover your basic expenses isn't unreasonable. No one working a 40 hour week should have to worry about feeding their family. Or covering their medical expenses. Or being able to pay rent. Especially those performing vital labor our society cannot survive without.
We're not talking about people that aren't willing to work. But instead people who work very hard and want to be able raise a family from the fruits of their labors. These are the people you're vilifying. While the generationally wealthy born in to trust funds are those you laud as paragons of virtue.