Do you really need that cell phone? Or multiple pairs of shoes? I never said anybody needed it, but just because you don't need something does not mean you should not be allowed to have it.Why does anybody need unlimited wealth?
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Do you really need that cell phone? Or multiple pairs of shoes? I never said anybody needed it, but just because you don't need something does not mean you should not be allowed to have it.Why does anybody need unlimited wealth?
Are you talking about money? Or wealth?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.
I'm talking about in TODAY's economy. Why shouldn't anyone be allowed to attain unlimited wealth?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?
But if you have more shoes than you need (let'sDo you really need that cell phone? Or multiple pairs of shoes? I never said anybody needed it, but just because you don't need something does not mean you should not be allowed to have it.
The logical reason is that if you give government theThere is no logical reason why we should allow any one single human to amass more than about 30 million in personal wealth.
How is it wasteful? His wealth is being used! If he were to convert his wealth into currency, and sit on top of a pile of money; yeah that would be wasteful, but reality doesn’t work that way. A billionaire (for example) will likely have his wealth tied up in various corporations throughout the world, and those corporations will use his wealth for research and development, to make payroll, and countless other necessities of running a business; IOW such a person has 99.9% of his wealth controlled by other people, and if that wealth was taken away from him and pulled out of those corporations, it would cause those corporations financial hardship. So why is having so much of your wealth controlled this way bad?Well I don't think this particular kind of cap would work, but the principle of having an unlimited scale of wealth just seems so wasteful
How did you come to the conclusion that there is a limit to the amount of wealth that exist?But if you have more shoes than you need (let's
say 2 pairs, 1 for summer, 1 for winter), then this
'means someone else has less than they need.
No one creates wealth...it's just there, & it's limited.
If some have more, then others have less.
It's violence against the poor to have too much.
Governments should decide how much you get.
I didn't.How did you come to the conclusion that there is a limit to the amount of wealth that exist?
Wealth does not equal power in today's economy.
There are plenty of people with little wealth, but through the power of social media have far more power and influence than some of the richest.
Reagan's "tax cuts" also included tax increases,I'd be happy with just bringing back pre-Reagan taxes on the wealthy, but yes, massive wealth disparity and a vanishing middle class is a surefire sign of a society descending towards massively corrupt plutocracy. With extortion and fraud just the cost of owning American political power, either directly or through corporate bribery.
How many billionaires do you see on Social Media? How many common and broke-azz people do you see there? How many people are influenced by Social Media?How did you reach this conclusion?
Have you consulted everyone else? If not I doubt you are qualified to make such a claim.I hope you realize it sounds absurd to everyone else.
Should there be limits on the amount of social media one is allowed to partake in?"Plenty" is a stretch. Either way, it just means that it is possible to attain power by means other than money, and I have never stated otherwise.
How many billionaires do you see on Social Media? How many common and broke-azz people do you see there? How many people are influenced by Social Media?
Have you consulted everyone else? If not I doubt you are qualified to make such a claim.
Should there be limits on the amount of social media one is allowed to partake in?
No one crteates wealth...zer sum game...But if you have more shoes than you need (let's
say 2 pairs, 1 for summer, 1 for winter), then this
'means someone else has less than they need.
No one creates wealth...it's just there, & it's limited.
If some have more, then others have less.
It's violence against the poor to have too much.
Governments should decide how much you get.
HOW else can you keep some sneaky peteThe logical reason is that if you give government the
power to limit wealth, then you give it far more power
than it currently has. This alone is dangerous.
But there's also the issue that someone owning a
company worth the limit will be incentivized to
do no more....never expand....spend nothing on
research...take no risks.
You support the politics of limits...of oppression.
Woohoo!Woohoo!
Look at you being tolerant towards the caviar & champagne set.
Capitalists never stop when there is no moreEventually though, we'd run out of other
people's money. Someone must be productive,
which requires incentivizing.
You forget that I didn't vote to ban private wealth,We have real world examples that show
inevitable economic & social woe if private
wealth is banned.
... for the economically successful, and theBut allowing individual
economic success does allow prosperity &
liberty.
Says you.A big difference here is that my story actually
happened.
To show how much I care about anecdotal evidence.Yours is mere parody.
Your fascismYour socialism
has never provided a single example of success,
ie,, economic & social liberty.
I had a moment of insanity.No one crteates wealth...zer sum game...
Are you sure?
A warning to skip the rest.(Can you see now where this is going?)
That's it! But nobody is going to vote for that. Which is why nobody running for office will ever state "reducing consumption" in their manifesto. I reckon its not money that needs redistributing...money is not even a real thing anyway. But the only genuine solution to the major economic problems that face human society is for us to learn to consume less...problem with that is if everyone does it, economies shrink, GDP goes down instead of up and the government that presides over that scenario will not be re-elected. So for those of us in the relatively prosperous "west" its really on you and me...the rich man can only sell me what I am prepared to buy from him, at the price I am prepared to pay for it...and if I buy less, there'll be a little bit less money in his wallet and a little bit more still in mine.How about reducing overconsumption
It’s all about control. And money equals control, especially under capitalism. When we allow one person to amass huge amounts of money, they will then have control over a lot of other people’s well being. And this is not ever a good thing. Capitalism is all about money = control. And the more control one gains by it, the more they will use that control to gain yet more control. And more, and more, because they can never get enough.Are you talking about money? Or wealth?