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I am not in favor of a planned economy, but I do believe our society faces a significant issue with certain individuals hoarding money and resources. If we are
by MeImCounting 3y ago
I am not in favor of a planned economy, but I do believe our society faces a significant issue with certain individuals hoarding money and resources. If we are to employ a group that uses violence to enforce the will of the majority under the threat of violence, then we should at least utilize this forceful approach to prevent some individuals from becoming entrenched in power and wealth. As they exist now, mechanisms of state violence exist primarily to suppress the uneducated and poor of our society. We should not allow people to hoard wealth. I dont know where that cutoff is or how it should be decided. Maybe increasingly aggressive taxes with no loopholes? It does need to happen
- eej71 3y agoYou have provided, perhaps unintentionally, a wonderful concretization on the difference between political power and economic power. In even simpler terms, its the difference between the gun and the dollar.
- MeImCounting 3y agoThat is indeed the comparison I was trying to make. The average citizen should (if our democratic system worked correctly) wield just as much political power as the oligarch through his vote and so should be able to wield that power, collectively with the rest of society, to limit the economic power of the oligarch. Unfortunately as our system works now the oligarch wields both substantially more political power through lobbying and general corruption in the government and courts as well as clearly wielding more economic power. What I am saying is that we as a society should endeavor to reduce the misbalance in economic power between the oligarch and the average citizen.