12-16-2013, 05:43 PM
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Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,625
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Quote:
Originally Posted by $5 submissions
So what if this is true... Are people mad when only a very tiny fraction of the population can play in the NFL, NBA, or have their own late night talk shows? Why do people get bent out of shape regarding disparities in wealth when there are so many other disparities in life like looks, dunking ability, running ability, creative abilities, getting chicks/guys, you name it?
Assuming the 20% that own 80% (pareto principle) got theirs LEGITIMATELY and ETHICALLY, why give them grief?
Would doing anything else be IMMORAL because it violates the Law of Cause and Effect? ie., if I want a big mansion in Malibu (effect), I have to plan hard, work hard, take risks, constantly solve problems/innovate/network (cause).... |
It is bad for the economy. A large and wealthy middle class is good for the economy. You can tax them as a group and they tend not to hire people to squash said taxes. They can effect growth through their spending of their wealth versus hoarding it. Lots of good stuff. Countries with tall narrow pyramid of wealth tend to be unstable, corrupt and dangerous places. |
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