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Wealth acquisition and distribution?

Kfox

Well-Known Member
Because wealth is a form of power. Why can't a regular citizen own an atomic bomb?
What does the fact that rich people cannot own nuclear bombs have to do with the idea that they should not be allowed to accumulate unlimited wealth?
 

Koldo

Outstanding Member
What does the fact that rich people cannot own nuclear bombs have to do with the idea that they should not be allowed to accumulate unlimited wealth?

First, I didn't mention rich individuals specifically not being allowed to own atomic bombs, I said "regular citizen".

What I was talking about is that whoever owns atomic bombs possesses a lot of power, and that it is usual to prevent regular individuals from possessing this much power. By the same rationale, since owning money is owning power, it is reasonable to put a limit on how much money someone can have.
 

Secret Chief

Degrow!
That's a terrible definition and I reject it. Social cohesion is just affinity among a society or group of people. But that affinity could be for good or evil. Mobs, gangs and criminal organizations have social cohesion and yet are evil.
It's a typical definition, unlike your own twisted take on it.
 

PureX

Veteran Member
There is no logical reason why we should allow any one single human to amass more than about 30 million in personal wealth. That's plenty to live out a very comfortable life from any age. If someone still wants to chase money after amassing that much of it, they should be allowed to, I think, but they should not be allowed to keep ANY of it.
 
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Estro Felino

Believer in free will
Premium Member
No. Care to answer my question?
In the Medieval Age, there were these aristocrats who were allowed to stockpile unlimited wealth.
The aristocrats used to possess all the lands. There was the feudal system.
The commoners couldn't own anything, because all the lands were already taken.

Do you think it was a good system? :)
 

Estro Felino

Believer in free will
Premium Member
There is no logical reason why we should allow anyone single human amass more than about 30 million in personal wealth. That's plenty to live out a very comfortable life from any age. If someone still wants to chase money after amassing that much of it, they should be allowed, but they should not be allowed to keep ANY of it.
The problem is that there are banking dynasties who own much more than 10 billion each. I said billion.
So...the limit 10 billion would be a great accomplishment.
 

Audie

Veteran Member
There is something called monetary circuit.
The more billions few banking dynasties phagocytize monstrously, the more poor people there will be.
Money is finite. It's a circuit.
It's not inexhaustible.

WCR4c.gif
Money finite.

So at creation god made some money.
So much granite, so much antimony.
So much money. Finite.
You cannot make more antimony.
Or money.

Such is the level of informed thought
that gives us socialists.
 

Estro Felino

Believer in free will
Premium Member
Which I addressed earlier.
Did you miss it?

I don't see those 2 issues as linked.
I was thinking of this: if all American citizens committed a mass suicide, you could own all the lands of the US.
Wouldn't it be nice?
I am just saying hypothetically: to explain the paradox of greed. :)
 

Shaul

Well-Known Member
Premium Member
What do you think where morality comes from and what does it accomplish?
Morality is an abstract absolute. It doesn't "come from" anywhere. Humans accomplish things to the extent they incorporate morality into their existence.
 

Revoltingest

Pragmatic Libertarian
Premium Member
The "politics of greed" doesn't mean that every
rich person is greedy. Only most.
Woohoo!
Look at you being tolerant towards the caviar & champagne set.
It's natural to want more than others have.
How to get it?

Instead of working for wealth, have government
just take & re-distribute it. Easy peasy!
Eventually though, we'd run out of other
people's money. Someone must be productive,
which requires incentivizing.
But there'll be consequences that the would-be
beneficiaries never address. Nor do they offer
evidence that it'll work, eg, real world examples.
We have real world examples that show
inevitable economic & social woe if private
wealth is banned. But allowing individual
economic success does allow prosperity &
liberty.
I'm reminded of an anecdote I once heard. He was rich.
He didn't work. (He found it onerous.)

He carped
that he had to pay taxes because "the poor people
just want my money". That attitude led to a revolution.
A big difference here is that my story actually
happened. Yours is mere parody. Your socialism
has never provided a single example of success,
ie,, economic & social liberty.
 

PureX

Veteran Member
In the Medieval Age, there were these aristocrats who were allowed to stockpile unlimited wealth.
The aristocrats used to possess all the lands. There was the feudal system.
The commoners couldn't own anything, because all the lands were already taken.

Do you think it was a good system? :)
That's already happening in the U.S., and is why we are seeing a epidemic of homelessness. Homes are not for people to live in, anymore, they are just investments for wealthy people to make money off of. Transportation is not for helping people get around, it's just a commodity for wealthy people to make money off of. Medicine is not for keeping everyone healthy. It's just another service-for-profit for the rich. Everything we do, now, we do not for its own sake or for the well being of society or humanity. We do it just for profitting the rich.
 
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