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Translation: If you're going to redistribute wealth, it helps a lot if you have the wealth in the first place. Marx argued already in The German Ideology (1845
by stcredzero 8y ago
Translation: If you're going to redistribute wealth, it helps a lot if you have the wealth in the first place.
Marx argued already in The German Ideology (1845) that he saw an advanced capitalist economy with sufficient wealth that redistribution would eliminated poverty, rather than just spread it around, to be an essential precondition for a socialist revolution to succeed without devolving into renewed class struggle.
Systems that create wealth are subject to Pareto distributions. However, relative inequality is the primary driver of social unrest. So a stable solution for societal organization needs to take both into account.
https://www.youtube.com/watch?v=M3XYHPAwBzE https://www.youtube.com/watch?v=M3XYHPAwBzE