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It's funny/sad that people act like "redistribution of wealth" is a scary concept. Wealth is constantly being redistributed by commerce, and mostly it is being
by smolder 6y ago
It's funny/sad that people act like "redistribution of wealth" is a scary concept. Wealth is constantly being redistributed by commerce, and mostly it is being redistributed to the people with the biggest piles already. Overpricing products, underpaying workers, lotteries, taxes, rents, and investor/borrower arrangements are all mechanisms to shift wealth around.
- nelsondev 6y agoA trade between two parties is not a redistribution of wealth . If I buy a car for $10,000, then I now have a car worth $10,000, and the seller has $10,000. Wealth was not redistributed, we’re both where we started.
- smolder 6y agoWhen the price isn't optimal, which it never really is, it's not an equal exchange of value. The typical tautology toted that if you spend X then it's worth X is just willfully missing the point that there's such thing as a bad deal. When you build bad deals into a system such that some group of people only has bad deals as options, you are able to extract wealth from them. That's what life is for many people -- a series of bad deals with no other options.