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Forum Post: All Wealthy Should Give More

Posted 12 years ago on Oct. 18, 2011, 5:22 p.m. EST by sirskylar (2)
This content is user submitted and not an official statement

In order to have fairness and equality in the world, all wealthy people should give mre according to another's need. This may not sit right with many people but it's the only way we can abolish greed and inequity.

5 Comments

5 Comments


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[-] 1 points by Mcc (542) 12 years ago

We have been mislead by Reagan, Bush Sr, Clinton, Bush Jr, Obama, and nearly every other public figure. Economic growth, job creation, and actual prosperity are not necessarily a package deal. In fact, the first two are horribly misunderstood. Economic growth/loss (GDP) is little more than a measure of wealth changing hands. A transfer of currency from one party to another. The rate at which it is traded. This was up until mid ’07′ however, has never been a measure of actual prosperity. Neither has job creation. The phrase itself has been thrown around so often, and in such a generic politicali manner, that it has come to mean nothing. Of course, we need to have certain things done for the benefit of society as a whole. We need farmers, builders, manufacturers, transporters, teachers, cops, firefighters, soldiers, mechanics, sanitation workers, doctors, managers, and visionaries. Their work is vital. I’ll even go out on a limb and say that we need politicians, attorneys, bankers, investors, and entertainers. In order to keep them productive, we must provide reasonable incentives. We need to compensate each by a fair measure for their actual contributions to society. We need to provide a reasonable scale of income opportunity for every independent adult, every provider, and share responsibility for those who have a legitimate need for aid. In order to achieve and sustain this, we must also address the cost of living and the distribution of wealth. Here, we have failed miserably. The majority have already lost their home equity, their financial security, and their relative buying power. The middle class have actually lost much of their ability to make ends meet, re-pay loans, pay taxes, and support their own economy. The lower class have gone nearly bankrupt. In all, its a multi-trillion dollar loss taken over about 30 years. Millions are under the impression that we need to create more jobs simply to provide more opportunity. as if that would solve the problem. It won’t. Not by a longshot. Jobs don’t necessarily create wealth. In fact, they almost never do. For the mostpart, they only transfer wealth from one party to another. A gain here. A loss there. Appreciation in one community. Depreciation in another. In order to create net wealth, you must harvest a new resource or make more efficient use of one. Either way you must have a reliable and ethical system in place to distribute that newly created wealth in order to benefit society as a whole and prevent a lagging downside. The ‘free market’ just doesn’t cut it. Its a farce. Many of the jobs created are nothing but filler. The promises empty. Sure, unemployment reached an all-time low under Bush. GDP reached an all-time high. But those are both shallow and misleading indicators. In order to gauge actual prosperity, you must consider the economy in human terms. As of ’08′ the average American was working more hours than the previous generation with far less equity to show for it. Consumer debt, forclosure, and bankruptcy were also at all-time highs. As of ’08′, every major American city was riddled with depressed communities, neglected neighborhoods, failing infrastructures, lost revenue, and gang activity. All of this has coincided with massive economic growth and job creation. Meanwhile, the rich have been getting richer and richer and richer even after taxes. Our nation’s wealth has been concentrated. Again, this represents a multi-trillion dollar loss taken by the majority. Its an absolute deal breaker. Bottom line: With or without economic growth or job creation, you must have a system in place to prevent too much wealth from being concentrated at the top. Unfortunately, we don’t. Our economy has become nothing but a giant game of Monopoly. The richest one percent already own nearly 1/2 of all United States wealth. More than double their share before Reagan took office. Still, they want more. They absolutely will not stop. Now, our society as a whole is in serious jeapordy. Greed kills.

[-] 1 points by melissa6381 (4) 12 years ago

Here is my counter-argument. I work as a bartender and always split the tips with whomever I am working with. On Saturday nights I am scheduled with a particularly lazy co-worker and have to pick up all his slack and still split all of my money with him. This makes me want to be lazy on Saturday nights because I don't think it is fair that I work so hard but have to share with someone who doesn't. Eventually if I became disgruntled and lazy enough the bar would fail and neither of us would be making any money at all. Do you see what I am getting at here?

[-] 1 points by Yepper (277) 12 years ago

So your demands are not greedy also?

[-] 1 points by sickmint79 (516) from Grayslake, IL 12 years ago

you can never abolish greed, it's part of human nature. no society that has ever tried to abolish inequality has ever gotten there, and many have done a lot of damage, on their way to equality in poverty.

all people should give more.

[-] 1 points by Misguided (373) 12 years ago

Yeah they should all give me more. I need more they should give it to me. You tell them!!!!