By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - General - Is wealth in fewer hands better than "spreading the wealth around"?

MrBubbles said:

it is better to accumulate wealth in the hands of those that earned it.


Paris Hilton. Kim Kardashian. Nicole Richie. Kevin Federline



Around the Network
raptors11 said:
thranx said:

I think the problem is not with spreading wealth around, but giving wealth away to those who do not deserve it, and creating a cycle that rewards not working and punishes those who do work.

In my opinion wealth should be in the hands of those that work hard for it and those that can create new wealth/resources with what they have.


This. /Thread

Is the only exception to this is inheritance?  Because of the sheer amount of money that is handed out, and it makes someone rich, certain individuals who didn't do squat have every right to get more money than they ever would know what to do with, they have every right to get every penny.  Should we also abolish charity, and have it if individuals are not able to find meaningful work, they should be left to die of starvation?



It is called the trickle down theory. Even though the rich are rich, they spend all of that money in places that give other people jobs such as stocks, retail, car sales, etc. And the thing that everyone seems to forgot is that these rich peole get charged taxes on everything they spend money on. Spread the wealth rewards those that work and suck off the system.  And by taxing the rich more, they will not spend the same. the reason taxes are done by percentages is because it equalizes the system   30 percent of a 10 million dollar income is 3 million dollars to the government.  It all works out it just happens to be that this economy sucks right now.



BMaker11 said:
MrBubbles said:

it is better to accumulate wealth in the hands of those that earned it.


Paris Hilton. Kim Kardashian. Nicole Richie. Kevin Federline

The argument is that someone else earned it and is free to give it to whomever they like, and private property rights extend to the wishes of those who are dead.   Either that or that the fact it is so much money involved, it is an exception to the rule.



theman88 said:

It is called the trickle down theory. Even though the rich are rich, they spend all of that money in places that give other people jobs such as stocks, retail, car sales, etc. And the thing that everyone seems to forgot is that these rich peole get charged taxes on everything they spend money on. Spread the wealth rewards those that work and suck off the system.  And by taxing the rich more, they will not spend the same. the reason taxes are done by percentages is because it equalizes the system   30 percent of a 10 million dollar income is 3 million dollars to the government.  It all works out it just happens to be that this economy sucks right now.

If you read Aftershock, you will see the argument laid out that the rich don't spend money in sufficient amounts to stimulate the economy.  The money builds on itself, and keeps earning more money, as they invited in plants in China, that create jobs there.



Around the Network
richardhutnik said:
raptors11 said:
thranx said:

I think the problem is not with spreading wealth around, but giving wealth away to those who do not deserve it, and creating a cycle that rewards not working and punishes those who do work.

In my opinion wealth should be in the hands of those that work hard for it and those that can create new wealth/resources with what they have.


This. /Thread

Is the only exception to this is inheritance?  Because of the sheer amount of money that is handed out, and it makes someone rich, certain individuals who didn't do squat have every right to get more money than they ever would know what to do with, they have every right to get every penny.  Should we also abolish charity, and have it if individuals are not able to find meaningful work, they should be left to die of starvation?

Hunger is a motivation to steal food to eat. Starving to death would be a slow painful way to die. Crime does pay: 3 meals a day and a roof over your head.  



numonex said:
richardhutnik said:
raptors11 said:
thranx said:

I think the problem is not with spreading wealth around, but giving wealth away to those who do not deserve it, and creating a cycle that rewards not working and punishes those who do work.

In my opinion wealth should be in the hands of those that work hard for it and those that can create new wealth/resources with what they have.


This. /Thread

Is the only exception to this is inheritance?  Because of the sheer amount of money that is handed out, and it makes someone rich, certain individuals who didn't do squat have every right to get more money than they ever would know what to do with, they have every right to get every penny.  Should we also abolish charity, and have it if individuals are not able to find meaningful work, they should be left to die of starvation?

Hunger is a motivation to steal food to eat. Starving to death would be a slow painful way to die. Crime does pay: 3 meals a day and a roof over your head.  

Why not just lock thieves in caskets that they would die of starvation in?  Why should food be provided to criminals? 



look at it this way. Is it better for the rich to get richer and the poor get poorer?

To tell the truth, I believe we have enough resources to house everyone with homes and food for everyone around the world. I also think the reason why there is a lot of unemployment is because we have excess amount of resources. This is why money base economy fails imo.



CPU: Ryzen 9950X3D
GPU: MSI 4090 SUPRIM X 24G
Motherboard: MSI MEG X670E GODLIKE
RAM: CORSAIR DOMINATOR PLATINUM 32GB DDR5
SSD: Kingston FURY Renegade 4TB
Gaming Console: PLAYSTATION 5 PRO

wealth is already bad in the hands of the people that have it, but i haft to say it would be more usful in the hands of those that arn't wealthy



richardhutnik said:
raptors11 said:
thranx said:

I think the problem is not with spreading wealth around, but giving wealth away to those who do not deserve it, and creating a cycle that rewards not working and punishes those who do work.

In my opinion wealth should be in the hands of those that work hard for it and those that can create new wealth/resources with what they have.


This. /Thread

Is the only exception to this is inheritance?  Because of the sheer amount of money that is handed out, and it makes someone rich, certain individuals who didn't do squat have every right to get more money than they ever would know what to do with, they have every right to get every penny.  Should we also abolish charity, and have it if individuals are not able to find meaningful work, they should be left to die of starvation?

So what you have a problem with inheritance? You think money shouldn't be able to be passed down to your children? I have no problem whatsoever with inheritance as long as people don't inherit a ton of money and use it as an excuse not to work. If I won the lottery I'd still stay in school and get a job.

And when did I anyone ever say anythin about abolishing charity? Charity is fine as long as donating to charity is optional. My dad is wealthy and he donates both to our local hospital and to a local foundation for mentally retarded people.

And should we leave people to die if they can't afford food? That's an interesting question, because I'm sure you'd be quick to say no but then I wonder how much have you donated to food banks or charities in your life? Do you personally help at all or do you think it should be up to the rich to provide food for the poor?