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What distributive effect are you talking about? Almost every free market economy today is an equal opportunity space. And that is only thing that should count.
by kamaal 11y ago
What distributive effect are you talking about? Almost every free market economy today is an equal opportunity space. And that is only thing that should count.
If people can't even keep their own money earned for themselves, you are just killing the incentive to even earn it at the first place. You seem to suggesting we must periodically make the rich, poor. This kind of equality is more dangerous than inequality. Look up the failure of socialist/communist set ups in past century that will tell you why this is such a bad idea.
The whole scheme over time feels like punishing people for working hard and generating wealth, while remainder free loads on the assumption they are entitled to free money.
What follow next is exodus of smart, hard working people to better countries.
- SalmoShalazar 11y agoI think you may be confusing Atlas Shrugged with reality my friend.
- zo1 11y agoWell, are his ideas/comments/arguments valid or invalid? Or are you simply dismissing it because it's too-similar to a line of thinking that is often popularized by a single book?
- drumdance 11y agoLots and lots and LOTs of sectors are heavily regulated, which leads to rent seeking which leads to protectionism, either via foreign trade barriers or just making it bureaucratically difficult for competitors to enter (i.e. Uber getting flack from municipalities). For a long time the rent-seeking was done by unions, but these days its more commonly done by corporations.
- kamaal 11y agoCare to explain your version of 'reality'?
- gefh 11y agoIf you can figure out how to use your money after you're dead, I'll make an exception for you in my Kingdom.