Why even attempt to defend such ludicrous levels of wealth inequality?
I support DSA
>>543391010Anyone under the 80% mark honestly should suffer. If you amounted to nothing worth getting paid for handsomely in life, you are cattle and should be treated as such.
>>543391010There is literally nothing wrong with wealth inequality. You being richer does not make me worse off in any way. Complaining about inequality literally just an expression of leftist spite against anyone successful.
>>543391010Some people are just better than you, simple as that, deal with it.
>>543391469>ou being richer does not make me worse offIt literally does. Wealth inequality is a large driver of inflation.
>>543391010>>543391050US and China have the same rate of wealth inequality. Top 1% control 32% of the wealth.
uh it's good for the economy and the GDP chud
>>543391469Yes, it does. If you can organise enough wealth you can hold the economy hostage and demand a bailout, redistributing wealth away from everyone to yourself.More wealth inequality makes the above situation much easier to accomplish. Every time the government infuses an industry with cash, you plebs share of the currency decreases.
>>543391010I think that perhaps the wealth inequality may be much much worse than anyone is willing to admit.
>>543395528>>543397206Wealth inequality also stagnates the economy. Non-rich people who gain any sort of wealth usually spend it on upgrading their lives, and consequently, putting money and real wealth (goods and services) into the economy. Rich cunts already have all of that shit, so they just sit on the money.In reality, economics is sort of like thermodynamics. Richfags are all sitting on mountains of energy essentially.
>>543391010COMMUNISM IS THE WORST
>>543392018The only driver of inflation is monetary expansion. You literally cannot have inflation if the money supply is stable. Someone else being rich doesn't make you poor, what makes you poor is money being taken from you and being given to other people. If you weren't a retarded pawn of the established powers you'd be advocating for reducing the size of the state, but instead you almost certainly want to hand more power to the very same body which is responsible for the rich getting richer and the poor getting poorer.
>>543391010CAPITALISM IS THE BEST
>>543397831>In reality, economics is sort of like thermodynamics.It is exactly like thermodynamics anon. The the economics rule of "no free lunch" is the same as the first law of thermodynamics "energy is no created or destroyed." Literally meaning if rich fags are hording all the cash, then you literally get less.
>>543391010Let's say the rich dispersed all of their wealth, right?What are you going to do to get the money that's floating around?It's not going to be given to you - you'll still have to work for it.
>>543398116>The only driver of inflation is monetary expansionAnd where does the vast majority of monetary expansion go anon? Straight into rich people's pockets and investment portfolios. They get high stock valuations and you get high gas, food, and housing prices. They benefit from monetary expansion, you pay the price.
funny how you don't see major politicians talking about this huh>>543398113>>543398125strawman>oh vey, they are talking about wealth inequality again >quickly, unleash the red scare propaganda
>>543398213You don't take their wealth all at once. You tax them more and slowly drain it away until wealth distribution is at more equitable levels. Use the extra tax revenue to fund universal healthcare, paid college/trade school tuition, affordable housing, etc.
>>543391050>I support DSA
>>543391469This. "Inequality" is a bogeyman. By saying it, you're implying some corrective action needs to be done to institute "equality". It's a leaded term pushed by people with an agenda.And we should be very suspicious when people start talking about "equality", "equity", "power imbalance" and all of these terms meant to pull at our innate sense of justice.People are not equal. Outcomes should not be equal. Inequality is a fact of nature.Someone being a billionaire doesn't hurt me. If you want to fix the problem of bribery in politics, fix that problem. If you want to stop people from gaming the system with money, fix it directly. It's not the concentration of wealth at fault.
>>543391010I need moar fukkin JPEG, anon.
>>543393154Well China doesn't flood their country with indians like America does so it's easier to forgive
>>543398360>funny how you don't see major politicians talking about this huhThey never will. Here in America both parties are owned by the rich. That's how they completely control our government, they just buy both parties.
>>543398406>Distribute it into freebies!Get a job dickhead.
There isn't any defending it, it's actively making you worse off by being perpetuated>b-but le distribution of le wealth is le communism!!1!Retards like to use this argument as if the solution is to sell zucc's portfolio and give all the good goyim stimmy checks, when the reality is a wealth tax prevents the hyper rich from owning and controlling all assets in a given nation. This is things such as property, equity and bonds. House prices vs wage growth for the path 50 years has not kept up. The average age of an American first-time property buyer is now 40. Gen Z (this is you) do not own assets on a large scale. Perpetuating the wealth inequality gap will guarantee you will NEVER own a home.
>>543398125There are only like two books by capitalists in that entire thing.>>543398173>The the economics rule of "no free lunch" is the same as the first law of thermodynamics "energy is no created or destroyed." Literally meaning if rich fags are hording all the cash, then you literally get less.Money is created constantly, that's the problem. The real resources that money can buy are also generally increasing, but much more slowly than the money supply. That leads to the people who get the new money being able to spend it before it is devalued, and then by the time it reaches the average person its spending power has radically diminished. If the money supply was static then the value of money would increase over time, not decrease.>>543398273>And where does the vast majority of monetary expansion go anon? Straight into rich people's pockets and investment portfolios. They get high stock valuations and you get high gas, food, and housing prices. They benefit from monetary expansion, you pay the price.Is that supposed to be some sort of gotcha? My whole point was that the state needs to be weakened so it can't do that for them.
>>543398422>Someone being a billionaire doesn't hurt meIt does affect you. Rather you are either too stupid to understand it or too stubborn to admit it, is your own problem. But extreme wealth inequality has an undeniable negative affect on every non-billionaire in this country.
>>543397206Hidden in things that won't even be on the market, and won't ever be taxed, yup.Giant parcels of land that are just owned by one family, whole island chains and resorts, pretty much people owning their own countries but it not looking / being reported like that on the books.Someone sits at the top of every company and it's not MUH CEO like plebbitors believe, it's a whole family that just owns the entire company, and the top 10 companies own 40% of the wealth.Extend this kind of thinking where the top 10 X own 40% of X and it's gonna be true, probably. Law of averages, if it's true there it's probably true in many other fields.So imagine traveling around and seeing the entire world and 40% of it is owned by just 10 families. There's no reason to believe reality is anything other than this.
>>543398525>freebiesTax payer funded education and trade training is just good policy. It doesn't hand people degrees or trades certifications. It just allows them the opportunity to attend those places free of financial burden so they can focus on bettering themselves. We should always fund opportunity.
>>543398422>People are not equal. Outcomes should not be equal. Inequality is a fact of nature.Yes, but it doesn't need to be this skewed.>Someone being a billionaire doesn't hurt me.it does, see >>543392018 and >>543397831>>543398509I know, but it deserves to be pointed out all the time. This is not talked nearly enough on this board. Its not just in the US too, I think its pretty much every country on earth, outside, myabe, of china, north korea, and maybe some dictatorships in the middle of the jungle in africa or some shit. Representative democracy is a sham, it was made to legitimize the rule of the bourgeoisie after industrial revolution, who now rule by proxy. It was the biggest 4d chess move ever.
>>543398509>Here in America both parties are owned by the rich.You've got the causal order mixed up. Politically connected people have leveraged their ability to wield the power of the state to become extremely wealthy. There aren't any real capitalists anymore, they've been replaced by political entrepreneurs who don't make their money finding new ways to satisfy customers, instead they get rich by getting the government to subsidize them and suppress their competition.>>543398775>Tax payer funded education and trade training is just good policy.No it's not, having anything be handled by people who don't face going out of business for doing a bad job is a recipe for having it done poorly, and having something as important as education be immune to any consequences for poor quality is a recipe for disaster.>We should always fund opportunity.Then pay for it yourself fucko. Stop robbing everyone else to pay for your "good" ideas.
>>543391469It destroys fertility due to women inherent hypergamy and culture equalizing wealth and being a better human. It also increases prices of quality stuff, quality medicine, healthy food and other highly sought commodities, because if there is a person willing and able to pay handsomely, serving plebs is no more required. Take hardware prices for instance. US government prints infinity money and gives them to tech cults, these in turn buy every physical memory and chips on the market, which in turn create artificial demand with prices that are simply retarded and not grounded in reality. But because US government creates astronomically wealthy people by printing trillions of USD, that is perpetuated. As long as the USD has any buying power and these 'wealthy people' are adamant in ruining this market, it will keep happening.Wealthy people, created via extortion, patent squatting, government intervention, etc. is absolutely detrimental to society and humanity overall. Fake money destroy nations, because people managing fake money has completely different perception on them that is incapable with physical reality and average persons needs from economical ecosystem. Super rich people will destroy all, unless the governments enabling them are neutered before that.
>>543398775There are plenty of states that already do that. Why are you acting like that's not a thing?You aren't a retard living in a coastal area right?
>>543398627New money is not really created. Its value is just constantly diluted. You cannot create new value by turning on a money printer. Kn a healthy economy money should be a circular flow from consumer to merchant and government and from merchant back to consumer as wages and from government back to consumer as public goods and services. But rich people hoarding all the wealth fucks thematic up. You have to tax them more to get the money cycle flowing again.
>>543398998>New money is not really created.uh, picrel would disagree with you>Its value is just constantly diluted.by creating new money>You cannot create new value by turning on a money printer.duh, that's my point>>543398998>Kn a healthy economy money should be a circular flow from consumer to merchant and governmentThat's retarded. In a healthy economy the government would have no role and the consumers would also be merchants, since everyone would have something to offer.>rich people hoarding all the wealth fucks thematic upThat's even more retarded. It's not rich people hoarding money which fucks the economy up. Your idea that the government just needs to take the money from the rich and give it to other rich people to build roads or whatever with ignores that you cannot print resources like you can money, if the money is taken by the state and used to pay for building things, that money would be bidding away real resources from things which people want more than those things the state will spend them on, and we can be certain that they want them more because if you have to literally rob everyone to pay for something, people probably don't want it that much.
>>543398907>There aren't any real capitalists anymore, they've been replaced by political entrepreneurs who don't make their money finding new ways to satisfy customers, instead they get rich by getting the government to subsidize them and suppress their competition.Ignores the Battle of Blair Mountain where the coal magnates used the National Guard as their personal army to fight the coal miners revolting in West Virginia.>>543398998I hear inflation is a tax a lot. It's more like a loan, which already rich, connected assholes have access to. If you print a whole bunch of money, that money is buying more goods at X prices. You are essentially stealing from the future to receive goods now. Of course the kikes all are the ones that get first dibs on the money. So they steal from the future to buy more goods now. Then everyone else pays for it. That's why raising wages actually does nothing because those goods were already consumed by the kikes with first dibs.
>>543399317>In a healthy economyThere can never be a healthy economy with interest on money issuing and the money printer, controlled by private or political interests. Money is a con if there is a person who can spawn them from the thin air and then use them to exchange into real stuff. That's just scam. Simply a ponzi scheme.
>>543399317>bidding away real resources from things which people want more than those things the state will spend them on, and we can be certain that they want them more because if you have to literally rob everyone to pay for something, people probably don't want it that muchIf we let the people decide completely, then no one would pay taxes. That also means no roads, no fire department, no police, no bridges, no food safety department, no environmental safety, no safe drinking water, no sewage infrastructure, no electricity infrastructure. We would be Africa. This is why the entire idea of public goods and taxes to pay for those goods exist. Without the government supplying the underlying infrastructure you would not have an economy or even a civilization at all. If you want no taxes or government, torment go see Hati and Somalia.
>>543399463>Ignores the Battle of Blair Mountain where the coal magnates used the National Guard as their personal army to fight the coal miners revolting in West Virginia.So you're saying that the politically connected wealthy using their political influence to get the government to prevent people from competing is the free market? Would you define socialism as the government not getting involved at all and instead the miners and magnates coming to some agreement they both find acceptable without the use of force? Because if so you simply define the two terms completely in the reverse of what I do, and you should keep that in mind when reading my posts. To me capitalism is the absence of state involvement and coercion, and socialism is its presence.>I hear inflation is a tax a lot.When people say that, what they mean is that it is the state taking away the value of your property.>which already rich, connected assholes have access toThey're rich because they're connected, not the reverse. The government prints money and gives it to their friends, who become rich. This is socialist wealth redistribution, it's just not going in the direction you imagined it would when the politicians were advertising it to you. That's how it always works, because why wouldn't it? Do you think that politicians actually care about you?>>543399490There can never be a truly healthy economy while there is a state.>>543399862>If we let the people decide completely, then no one would pay taxes.So you're saying that no politician would ever try to convince 51% of the people that he'll take money from the other 49% and give it to them as a bribe to get elected?>That also means no roads, no fire department, no police, no bridges, no food safety department, no environmental safety, no safe drinking water, no sewage infrastructure, no electricity infrastructure.Literally none of those things were invented by governments, so there has to be some way to privately fund them.
>>543399984>There can never be a truly healthy economy while there is a state.Lol. The government enforces property rights anon. It does do important things. The governments in other countries do things a lot better than in the US in a lot of cases too.
>>543399463First law of thermodynamics: energy is not created or destroyed. Law of economics: there is no free lunch.They are connected. You cannot print new value no matter how many zeros you punch into a computer at the fed reserve. If the money supply in the US was a pie, then the rich already has two thirds. However much more money the rich takes, is money leaving your pocket. It doesn't matter how much they print if the proportions of who has most of the money stays the same. This is why wealth has to be redistributed to make the economy more fair, more equitable, more robust, and more healthy. Redistribution would even help GDP growth and stifle inflation in the long run because if more money is circulating as it is supposed to instead of being stuck in the coffers of the rich, then less new money would need to be printed. This is literally the basis of our economy. Learn the money cycle.
>>543399984>Literally none of those things were invented by governments, so there has to be some way to privately fund them.They are precursors that have to exist for society to exist that no one wants to pay for. Public goods and services have been a must in every civilization since there was civilization.
>>543399862>This is why the entire idea of public goods and taxes to pay for those goods exist.The reason the idea of public goods exist is a retroactive justification for government monopolization of certain industries which were too difficult for cartels of private businesses to monopolize. If you look closely at the history of every so called "public good" you will find that in the early days there was such fierce competition that the successful firms were unable to stay on top for long. So the big players got together and asked the government to regulate them or even take control of their industry. This allowed them to stay on top forever, since nobody was allowed to enter into the business once it was decided to be a "public good".>>543400180>The government enforces property rights anon.By definition the state does not do that. The state is a monopolist on the enforcement of property rights, and in order to monopolize it, it must violate them. If it respected all people's property rights, it could not tax and could not unilaterally impose violence upon peaceful people. Thus states are by nature not only violators of property rights, but are a corrupting influence which destroys the very concept of property rights within a society.>It does do important things.Yes, it monopolizes many things and then does them poorly and at obscene cost. That is another mark against it.
>>543400378
>>543400378>By definition the state does not do thatGo own private property in government-less Somalia.
>>543400348>They are precursors that have to exist for society to exist that no one wants to pay for.So do you think that society cannot exist without a food safety department? Even ignoring the historical reality that all of the examples you gave were private before the state took them over, societies also have existed without pretty much any of those things in the past, so they're clearly not precursors which must exist before society can.>Public goods and services have been a must in every civilization since there was civilization.So by your reasoning there has never been a civilization without a state. Are you imagining that most of pre-Roman Europe was just a bunch of cavemen living in a brutal war of all against all until the Romans showed up in their togas to civilize them? The truth is that the vast majority of civilizations throughout history have not been states. The near ubiquity of states is a relatively recent phenomenon.>>543400655>if you're robbed to pay for something it's freeSo is the military free? What about all that aid to Israel?>>543400741Somalia went through a very brief period of anarchy in the 90s, during which time all available data indicates that its economy and living standards were actually growing much faster than any of its neighbors. It had a state reimposed upon it in the 90s and early 2000s by a coalition of other African states and a US led UN mission.
fed kikes fighting for their life in this thread
>>543391010Usually because you incorrectly label things defense of it when it's literally just pointing out that proposed solutions are yet worse.
>>543400895>So by your reasoning there has never been a civilization without a state.Here is your civilization without a state. They make click and pop sounds with their tongues to communicate and have no written language.
>>543401349Here
>>543391010Because it's not really real wealth, it's a made up currency with a subjective value so it can't even be stolen. Houses and busineses are essentially real currency as so are any assets since they can be used for trading tax free by defaulting on loans. Yes, it's only for the rich because we're literally serfs and not allowed to play by the same rules.
>>543401349>>543401372So western and northern Europe made click and pop sounds with their tongues to communicate until the Romans showed up? I'll grant that surviving examples of their writing are rare, but they definitely had writing.
>>543402204Go ahead retard. Go back to medieval Europe so you can pay your tithe to church instead of paying a modern government taxes for your roads and infrastructure. Stupid low IQ niggerino.
>>543391050You will not outwit the other psychopaths. When they seize power you won’t be among them pulling the strings.
>>543401349>no written language.To crush this idiocy further, there is archeological evidence for proto-writing which predates states by tens of millenia. The earliest archeological evidence for real writing goes back at least to 3000 BCE, and there were no states by the modern conception for several millenia after that.>>543402625>Go back to medieval Europe so you can pay your tithe to church instead of paying a modern government taxes for your roads and infrastructure.Holy fuck, you're so historically illiterate you think the medieval period came before the Roman period. I legit didn't imagine someone could make that mistake, but then again I actually learned to read with a history book about the middle ages.
Temporarily embarrassed billionaires/ladder pullers
>>543393154>US and China have the same rate of wealth inequality. Top 1% control 32% of the wealth.Meanwhile in reality, the USA has a .850 Gini and is the 25th least equal country while China has a .701 Gini and is the 146th least equal country.Per YOUR SOURCE. Jackass.
>>543402884>Temporarily embarrassed billionaires/ladder pullersThat combined with a large degree of stupidity and ignorance. This is exactly why those on the right should never have a say in how society is ran, and should forever be kept away from the levers of power.
>>543403459>That combined with a large degree of stupidity and ignorance.Says the anon who literally thought the Romans came after the medieval period.>This is exactly why those on the right should never have a say in how society is ran, and should forever be kept away from the levers of power.Every claim you've made in this thread has been so resoundingly debunked that you've repeatedly resorted to just deflecting to new topics rather than trying to continue any line of argument. You're now just insisting that everyone who disagrees with you should be barred from positions of power, since your claims cannot hold up to even superficial analysis.
