Ridgerunner
'Ole Wise One'
- Apr 20, 2016
- 11,548
- 7,377
im not trying to embarrass you off the thread i'm trying to have an honest conversation. And you didn't answer my question. I didn't ask what our economy and society will look like in 30 years. I asked what it would look like if current trend of the top 1% sucking up the vast majority of new money and wealth in this country.What happens in 30 years if the top 1% keep sucking up the majority of the new money and wealth. Play it out and tell how that economy and society looks. Seriously think about and try and give an objective and intelligent answer
The 1% diatribe the socialist leaning leftists is nothing but a old worn out talking point meant to stir up the masses... There has always been the uber rich and always will be... If you don't like your lot in life, get off your ass and earn what you want... What does the economy and society look like in 30 years? Who in the hell knows? Way to many varibles to prognosticate such a question... Now bring on your farting and beer drinking crap and try to embarrass me off the thread...
I'll give you my theory and you tell me if you agree or not... The top earners and corporations keep acquiring property and businesses. They gain more power over the marketplace and leverage that power to squeeze out their competitors. Home ownership goes down and renters go up. The number of business owners go down and the number of employees go up.
You want to promote free market capitalism and you despise Socialism, right? Well, this picture i'm painting ends in a form of capitalistic socialism where instead of the government controlling everything a handful of the rich and powerful will.
FYI. I am a business owner. I support low taxes and small government and limited regulation. But I also understand the roll of government and can identify the dangers that can result from an unregulated free market.
Thoughts?
In a way I did answer your question... I said that the 1% have always been around and they have... Since the beginning of time man has been stashing away fur and food... You seem intelligent enough to be able to go back through history and name wealthy families. Vanderbilt, Rockefeller just to name a few... These 1%'ers never stopped Jeff Bezos from driving across the country with a few boxes of books and a dream... Don't fear big business or competition, learn from it...
And the capitalistic Socialism you speak of has a name, Feudalism... It did not work in medieval times and would not work now...