the2real4mafol said:
What about the hard working that remain poor? By your logic, if everyone worked hard there would be no poverty. Unfortunately, the world don't work like that otherwise workers in the 3rd world countries would be among the richest in the world. They are not because of exploitation and hoarding of wealth. Admittedly, there are lazy people but most working people (actual employed people) aren't |
It's not about working hard, but being productive. The world's poverty (desitution) level has decreased from 80% in the mid 1800's to 20% today. Why? Because of freer, more competitive markets, enabling prices of products to decrease and innovations to improve the standards of living of the poor. Everybody is becoming more affluent, not just the rich. Those who benefitted the most from greater production were the poor, not the rich (they had these luxuries regardless of price.) Productive => lesser scarcity => fewer poor. Redistribution usually leads to lesser productivity (at least empirically), and consequently slows down the reduction of scarcity and the progress made to eliminate destitution.
