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"Your new TV is bigger and slimmer, so why should you care the planetary economic system rewards a tiny minority with wealth that is almost incomprehensible?"
by nmeofthestate 12y ago
"Your new TV is bigger and slimmer, so why should you care the planetary economic system rewards a tiny minority with wealth that is almost incomprehensible?"
Okay, but the trouble is, it's a feeble argument for persuading people not to pay attention to the fact that 1% of the planet has half the wealth. People actually care about the fairness of how wealth is distributed. Did these fabulously wealthy people start working even harder, to justify the even more unequal wealth breakdown?
The 1% used to own <50% of all wealth. Soon they'll own 51%. What changed? I'd argue they've done nothing to deserve this increased wealth, and it's entirely justifiable that humanity is allowed to look at how to redistribute that wealth. Of course we have to be careful not to kill the golden goose - maybe they'll all emigrate to Mars where taxes are lower...
- realusername 12y agoNot to mention the democratic problem of having 10 people weighting so much into the balance.