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A question for the ABT "social justice" crew
#25
(05-31-2015, 06:05 PM)RolloTheGreat Wrote: Problems with "revolution":

1.  How do poor acquire the assets of the rich? It's not like the rich keep their cash under a mattress. Lots of it in offshore accounts.

2. Poor can't do jack sh*t in the global economy. If they seize power, what do they do with it. "OK men. We are now in control. Now begins the golden era where America exports hamburgers to the world and WE control the economy!". Or would it just be, "OK you smart guys work and give us the money."?

3. Can't tax it out of them, if they bring back FDRs "Robin Hood" taxes, the rich have shown they're more than happy to move their business, and themselves elsewhere.

4. You wouldn't WANT everyone to make $100K, because if they did, the prices necessary to support the wages would make $100K worth what $20K is now. It's far preferable to have stratification of wages where everyone has a chance to succeed to some degree. Keeps prices "low" and incentive to get ahead high.

The only people who "don't understand" are those that think the poor are owed a free ride.
In an ideal world,
1. Make a law making it illegal to keep money in offshore accounts for any purpose whatsoever, declare anyone who violates this a criminal with a bounty on their heads and send the CIA to collect if they've already fled the country.
2. That's the moment when our trade deficit disappears due to the ordinary people's admittedly overrated common sense.
3. Pass another law making it illegal for the rich to leave the country. Holding them hostage is better than the alternative of capital flight. Also declares all multinationals illegal, and force those that started in the USA to return or be declared organized crime groups.
4. Try this thing called universal basic income. Also try cutting executive bonuses.
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RE: A question for the ABT "social justice" crew - by SteelCrysis - 05-31-2015, 08:35 PM

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