That is the problem with going as deep into raw capitalism as the likes of Dolph. The whole system is based on making sure the vast majority fail to succeed.
Now I'm not sure for how long this trend could continue, or how extreme things could become. I would hope that there is some kind of natural balancing at work, to prevent 90% of us sliding into abject poverty, whilst the 10% end up owning everything.
crack down on trust funds, tax havens, ramp up inheritance tax
I don't have an issue with people accumulating excessive wealth within their lifetime... I do have an issue with excessive wealth being accumulated and then concentrated among a select few due to an accident of birth.
There should be a rule ....spend what you earn. Once you die everything reverts back to zero. No passing millions/billions ontothe pampered spawn.
There should be a rule ....spend what you earn. Once you die everything reverts back to zero. No passing millions/billions ontothe pampered spawn.
Is it just the "pampered spawn" that don't get anything or do we all just start that monopoly game of yours from the beginning every time parents die (for example prematurely)?
"Lefties hate families" - Dolph.
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That is the problem with going as deep into raw capitalism as the likes of Dolph. The whole system is based on making sure the vast majority fail to succeed.
Everyone but me is responsible for the consequences of my choices. - Biohazard.
not having as much as someone else isn't a sign of failure.
Thing is, that's just another one of your assumptions that you couldn't actually quote me on.
You actually said what I quoted, albeit slightly longer winded.![]()
But I am sure you would argue that giving someone more is a way to reward success yes?
But I am sure you would argue that giving someone more is a way to reward success yes?
Inequality is a necessary part of any form of meritocracy. that is why the relative poverty measure is so terrible.
Inequality isn't a bad thing, poverty is. not having as much as someone else isn't a sign of failure.
What we have now is not a meritocracy, it is anything but. Right now you are more likely to succeed due to the terms of your birth than what you have done or capable of.