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This is Marxism at it finest: boil the complex reality of the wealth generation and the economic productivity of the super rich into a seductive narrative about
by hi-im-mi-ih 9y ago
This is Marxism at it finest: boil the complex reality of the wealth generation and the economic productivity of the super rich into a seductive narrative about oppression using a ratio that you actually wrote incorrectly:
Harder than 99% of the other population? Lol.
If you punish the most productive members of a society and redistribute wealth in any way that adheres to the oppression narrative, there will be absolutely disastrous consequences. This is because your perception how wealth is distributed is flawed - It is not the tyranny of the 1% that creates their wealth, it is their sacrifice. Remember, they only get rich if they sell something that is cheap to huge numbers of desiring consumers (a very difficult endeavor), or if they provide a useful service to large-scale businesses (a similarly difficult exercise). Both of those are good activities to have performed by intelligent, hard working individuals, because they provide a unique and often impossible-to-duplicate value to their customers that truly enrich their lives.
- _olivier_ 9y agoTo be more precise, 82/18=4.5 times as hard as the combined remaining 99% of the population.
- fluxic 9y ago>It is not the tyranny of the 1% that creates their wealth, it is their sacrifice. http://digg.com/2017/wyatt-ingraham-koch-shirts http://digg.com/2017/wyatt-ingraham-koch-shirts
- hi-im-mi-ih 9y agoYou need to refute the central point of my argument, not provide a counterexample as you have done.
- dariosalvi78 9y agoWe are all grown adults here and there is no need to point out that those earnings are not justified by a relatively higher 'sacrifice' or work. Being poor is a high sacrifice enough.
- hi-im-mi-ih 9y agoBeing poor is not a sacrifice. Being poor is a condition in the terms of your life. A sacrifice is being frugal, being diligent, and working hard at self-improvement - Do all poor people do that consistently, as a quality of being poor? Of course not; being poor is a condition, it is not a sacrifice. It holds no merit as a condition. You cannot use your lack of capital as a bargaining chip at the table. It is not a sign of your deserving more money. If you work hard and do something good for me, that I am willing to pay for, then you deserve money. Capitalism is altruistic. It functions when people do good, valuable things for each other and establish trust that payment will be provided for that value. It has nothing to do with your status as poor.
- fluxic 9y ago>Capitalism is altruistic. It functions when people do good, valuable things for each other and establish trust that payment will be provided for that value. It has nothing to do with your status as poor. Like selling addictive opioids, scam affiliate marketing subscriptions, atmosphere-ruining fossil fuels, attention-destroying social media sites (often targeted at children!), society-destroying social media bots, arcane financial products whose only purpose is to shield immense wealth from taxes or regulation, etc. etc. Yeah, capitalism sure is great, ain't it.
- justonepost 9y agoYes, tragedy of the commons is a perfect example of how capitalism can fail.
- drukenemo 9y agoWell, let's stop the internet too then. It has all of these things in it! It can't be any good then.
- hi-im-mi-ih 9y agoYou're absolutely insane if you think we should abandon capitalism. It is about the only social system that does not result in the state killing hundreds of millions of it's own. The ideologies that you profess here are incredibly dangerous.