MikeK
Gold Member
- Jun 11, 2010
- 15,930
- 2,495
Inasmuch as the super rich and the major corporations they control have managed to effectively distribute the wealth of the middle class to themselves over the past three decades via a sequence of deregulations and other sophisticated legal maneuvers I believe the most direct and equitable means of redistributing that money is via confiscatory progressive taxation to finance massive infrastructure repair and construction projects, thereby creating thousands of well-paid jobs and restoring to the Nation what has been taken from it by stealthy maneuvering.I agreed until you hit the part I added emphasis too, "methodical redistribution"?
how would you see that happening? In execution I mean.
Tit for tat!
In order to fully understand the justice in what the foregoing implies it is important to first understand the difference between earning and [/i]exploitive maneuvering. There is no way to "earn" the kind of excessive wealth which has elevated the super-rich to the level of a neo-aristocracy.
The explanation involves a semantic pivot:really? and why not?
If you watched the Sopranos series you know that the word used in Mafia organizations in reference to money obtained via criminal methods and directed upward in the various Mob hierarchies is "earning." I.e., a goon who operates a profitable extortion racket and turns over a significant percentage of his take to his Don is thought of as a good "earner." I have a different idea of what the word earning means and I'm sure you do, too.
Someone who works for a living or operates a legitimate business is earning. But I don't consider exceptional wealth which is acquired by exploiting the work of others, or by operating a usurious enterprise, or by leveraging stock market schemes, etc., as being earned income -- in spite of the language of capitalism.
Reasonable wealth can be earned -- in the accepted sense of the word. Exceptional wealth cannot.