/----/ Care to back that nonsense up with some facts?So no progressive has ever suggested that radical redistribution of wealth... except for you right in the next paragraph. Just call it "narrowing the gap", instead of wealth redistribution and BOOM!
Yes, we know you are a Marxist, who actually believes the poor are poor because the rich are rich. A crazy belief... You are in the top of the top as an American, I say we redistribute this wealth and relocate you to the true socialist utopia where these policies are in place.
You're dead wrong. The rich are rich because they do not pay working people fairly.
Fact - Only productive labor creates wealth.
Fact - Ownership does not create wealth.
Fact - Hording wealth is not the same as creating wealth.
So in your strange world ownership of a company doesn't earn wealth? No wonder employees like you are a dime a dozen.
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I'm a long way from being a dime a dozen employee. Try six figures.
No ownership does not create wealth in and of itself. An owner may do some productive work that creates wealth, but ownership alone does not.
Hording wealth is not the same thing as creating wealth.
But the bulk of the generated wealth eds up the the pockets of the wealthy. DumbassI’ve never understood what that phrase really means. There is never an explanation on how to do it.
Republicans of course automatically assume the extreme which is that the wealth would be radically distributed among the entire population which would eliminate the wealthy class of America and thus end capitalism as we know it. However, no prominent progressive has EVER suggested this. The issue on the left is the rising inequality between the middle class and wealthy class. We aren’t suggesting some naive, theoretical utopia where everyone lives off the same wealth regardless of their contribution to society and lives happily ever after. Republicans just assume that’s what lefties mean when we talk about wealth inequality because it makes for a convenient argument. It makes dismissing the leftwing ideology easy.
Of course, what lefties actually want to do is simply narrow the gap so that anyone working 40 hours a week doesn’t have to live in poverty. That’s it. That’s all lefties care about. In this current economy, that is impossible for 10s of millions of people. Why is that impossible? Because the top 3 richest people in the country own more wealth than the bottom 50% of workers.
Again, I’ll admit I don’t know how it should be done, but it needs to be done. Radical change is necessary. The last time someone could comfortably live off $10 per hour was in the 1960’s.
Here’s the problem lefties don’t understand because they fundamentally lack the basic understanding on how capitalism works. Under socialism, wealth is a finite thing. There’s no incentive nor basis upon which to create additional resources or wealth, so it’s limited. We saw it time & time again. But under capitalism, there is no finite limit. Competition & ingenuity drive the model. You can go on creating forever because the well never runs dry. This system is a proven winner time & time again. The idea isn’t to redistribute wealth, but rather generate additional wealth. Only one system does that...
That is patently untrue. The cost of labor is almost always far greater than the profits taken by the capitalists who risk their money in a venture. A venture that would likely not even have taken place without capital and organization. No venture, no jobs.