The Great Leveller By Walter Scheidel Review An End To Inequality

Discussion in 'Economics & Trade' started by Strasser, May 4, 2017.

  1. james M

    james M Banned

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    What a liberal wants is always more crippling welfare no matter how much we have already given and no matter how much it has failed. There are lots of free university systems all around the country somebody can move to New York City if they want Don't know about San Francisco but they must have free education there too.
     
  2. bringiton

    bringiton Well-Known Member

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    Because in excess, it is almost always the result of INJUSTICE. And it is certainly the result of injustice now, because we can identify the specific injustices -- privileges -- that massively increase inequality: mainly land titles, bank licenses, and IP monopolies.
     
  3. bringiton

    bringiton Well-Known Member

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    History shows that the privileged prefer to perish in blood and flame, and to watch their children slaughtered before their eyes, rather than relinquish even the smallest portion of their unjust advantages.
     
  4. bringiton

    bringiton Well-Known Member

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    Most liberals are aware that welfare is a failure. They want JUSTICE.
    There is no free education in NYC or SF. You have to pay a landowner full market value just for ACCESS to it.
     
  5. james M

    james M Banned

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    what does justice mean in this case???
     
  6. james M

    james M Banned

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    tuition at CUNY is about $3000 a year that is virtually free so anyone who wants to be in top 70% in terms of education can be!!
     
  7. james M

    james M Banned

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    injustice now? all you have to do is look at the richest people in America to see they got that way by gifting to us great great new products. The exact opposite of injustice.
     
  8. bringiton

    bringiton Well-Known Member

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    In all cases, justice means rewards commensurate with contributions, and penalties commensurate with deprivations.
     
  9. bringiton

    bringiton Well-Known Member

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    You have to live in NY to get that deal, so you have to pay a landowner full market value for it.
     
  10. bringiton

    bringiton Well-Known Member

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    That's just false. They got that way almost exclusively by dint of privilege: legal entitlements to benefit from the uncompensated abrogation of others' rights.
    No, all the richest people got that way through injustice:

    "Behind every great fortune there is a great crime." -- Honore de Balzac
     
  11. Econ4Every1

    Econ4Every1 Well-Known Member

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    You think I advocate the positions I do because I don't work hard or make an adequate income?
     
  12. squidward

    squidward Well-Known Member

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    Then what's the problem?
     
  13. Econ4Every1

    Econ4Every1 Well-Known Member

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    I work in a business that needs customers. We are "coin operated". As more people have less money I have fewer customers. If I have fewer customers that means less income.

    Thus, my business does best when people have the means to consume. To have the means to consume in today's global economy you need knowledge and opportunity. I support the idea of opportunity, not "equal opportunity", not everyone can be Bill Gates or Warren Buffets kids. I support "adequate opportunity", that being the opportunity for each person to meet their natural potential. From there it's up to them to earn what they want from this life. In the end, if everyone had an adequate opportunity, more acquire knowledge and more businesses would need the products I design and sell. I would do better, my company would do better because everyone was offered adequate opportunity and in return that would more than pay for itself in the average person's lifetime in an increase in the quality of life for everyone.

    Or you can believe that the people that make stuff need more money to hire people to make products fewer and fewer people have the means to purchase. The abysmal failure of supply side economics. Companies don't hire or make things for the demand that does not exist.

    Here let a billionaire explain it to you....
     
    Last edited: May 23, 2017
  14. Strasser

    Strasser Banned

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    That guy isn't the only one, there are many of them out there who recognize the larger issues; they all seem to have in common the fact that they usually made their money in businesses that provided real jobs as opposed to financial chicanery and house flipping and the like, which is also interesting, but in any case, it isn't a new thing; Joseph Kennedy got behind Roosevelt in the Depression, as did many other self-made men of the era, while the 'white shoe' elites merely hid out on their estates behind private armies and screamed for the govt. to shoot down those uppity proles who were causing them 'problems'. Kennedy said "I would gladly give up 90% of what I have in order to keep the other 10% under some kind of law and order.". Something like that, and he wasn't alone by any means. there seems to be a divide between the billionaires who made their fortunes in the real economy versus those who inherited theirs or made theirs via Wall Street.
     
    Last edited: May 24, 2017
  15. Econ4Every1

    Econ4Every1 Well-Known Member

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    Yes here is a whole group of millionaires who realize. One of whom I know personally.
    http://patrioticmillionaires.org/
     

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