Quote:
Originally Posted by Jim in CT
we have a constitution that other countries don’t have.
Because they are fundamentally authoritarian, Progressives do not want to be constrained, so they have been steadily dismantling the Constitution. Authoritarians like Pete find it useful to pretend their actions are constitutional simply by interpreting them to be so. They have been very successful at erasing a great deal of its restrictions on government power. They need a little more time in occupying the ruling seats of government to finish it off.
i would t say it’s fair that the wealthy get wealthier, but it’s nonsense to say it’s problematic.
pete, how would you stop it? would
yiu pass a law saying that once your net worth hits some limit, that you’re not allowed to invest anymore?
how would anyone be better off if the wealthy all put their money in their mattresses? how would that help anyone?
Excess wealth that is not put to use amounts to nothing. If wealth is property, maintaining it spreads wealth. Buying it spreads wealth. If wealth is goods, buying them spreads wealth. If what is meant by wealth is money, unused money is dead money. Bringing it to life by spending it spreads the wealth.
pete, how would you stop it? would
yiu pass a law saying that once your net worth hits some limit, that you’re not allowed to invest anymore?
Progressive authoritarians would simply confiscate the unneeded wealth from the wealthy, supposedly to redistribute it to those who need it--that is, they would more equitably bring the dead wealth to life. They would euphemize the procedure by calling it taxes. With the assumption that the wealth creators would continue creating wealth that they don't actually need, or is considered unseemly, so that it could be given to the people.
who said anything about “unregulated capitalism’? we have tons of regulations.
Posted from my iPhone/Mobile device
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Progressives believe that the only way society can "progress" is by government force. Regulations are only successful if there are enough of them. A society regulated only to the point in which things like the top 1% own 70% of the wealth is a society that, virtually, is not regulated.
The conundrum is that regulations have been the means given to the few to grow so wealthy. Authoritarians have not figured out a way to stop themselves from partaking in the wealth-fest.