Good read. One glaring issue I see is that if you redistribute wealth and "give it to the poor, who will spend it on something useful, like food and clothing",

Good read. One glaring issue I see is that if you redistribute wealth and "give it to the poor, who will spend it on something useful, like food and clothing", then the next time they need money for useful things, where do you think they will look? This logic assumes that the poor will take the money they need, then go forward continuing to look for employment as if they'd never been given a handout. This is not practical.