2 ms·
> but that statistic pretty good evidence that return on capital vs the growth of income is not the major cause of wealth inequality I see 27.5% as too damn hi
by RestlessMind 8y ago
> but that statistic pretty good evidence that return on capital vs the growth of income is not the major cause of wealth inequality
I see 27.5% as too damn high to be among the richest in the world just based on birth lottery.
> I don't see how I am unfairly disadvantaged by someone else's obscene wealth through winning the birth lottery.
Wealthy people get disproportionate benefits in: legal system [1], healthcare [2], political influence [3]. I can go on, but there few examples are sufficient to see why someone should get these privileges just because of birth.
> What exactly is Jim Walton consuming that should be given to the poor?
Don't know about Waltons, but Koch brother are consuming their wealth to purchase political influence [4]. I would rather have it spent on poor.
[1] https://en.wikipedia.org/wiki/Peter_Thiel#Gawker_lawsuit https://en.wikipedia.org/wiki/Peter_Thiel#Gawker_lawsuit
[2] https://www.nytimes.com/2017/06/03/business/economy/high-end-medical-care.html https://www.nytimes.com/2017/06/03/business/economy/high-end...
[3] https://en.wikipedia.org/wiki/Dark_money https://en.wikipedia.org/wiki/Dark_money
[4] https://en.wikipedia.org/wiki/Political_activities_of_the_Koch_brothers#The_Koch_Network https://en.wikipedia.org/wiki/Political_activities_of_the_Ko...