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"The people who should be the most scared of redistribution systems like this are the ones who want to look out for the interests of the little guys." - Interes

• anm89 7y ago
  It's a system of wealth redistribution. The problem is, when these systems are gamified by lawyers and people in the financial world, and they win, the wealth ends up being redistributed in the opposite direction as many people intended and the little guys lose. Looking at the 10 years following the great recession it looks like this is what happened (although those redistributions were more explicitly directed towards the top of the pyramid upfront) but look at at how inequality statistics have moved since that event. It certainly doesn't seem to have favored those who are financially disenfranchised in our society. The problem is the nature of society permanatly skews these events in the favor of the the people who have the most existing resources to figure out how to game the system. If you want a much more in depth breakdown of how that happens structurally, read Hayeks the road to serfdom as I mentioned above.