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Edited by Eternity:
1/27/2016 2:04:16 AM
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An utterly ridiculous analogy - one of the largest driving factors of wealth inequality is intergenerational transfers. Have rich and successful parents? Lucky you - you get some combination of getting to to go to a great school, having all the tutoring you need, college place purchased/paid for, and maybe even a great job lined up for you when you finish study.
A more appropriate Destiny analogy is that when the game launches, 1% of players (Bungie's friends/chosen) start with 75% of the maximum stock of strange coins allocated to them, no work involved. Further more, they are able to use and abuse their connections at Bungie to modify the RNG system, increasing their coin drops and decreasing everybody elses. Over time, as they better learn how to exploit the system, their percentage ownership of the strange coins increases from 75% to 80% to 85%. Seeing an issue yet?
English
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"My father gave me a small loan of one million dollars..."
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Your analogy is dependent on assuming that everyone who is wealthy has connections in government and can affect policy making, that assumption is completely untrue. Inter-generational wealth is not a problem, people work hard for the sole purpose of providing for their kids and family in this lifetime and for generations down the road. That's honestly the whole point, to ensure quality of life for your kids and grandkids and so on. Are you suggesting the gov't step in and tax inheritance more than they already do?
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They certainly did more so in the 50's, right!?
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Yea and we moved on from those bad tax policies, JFK enacted cuts and that allowed our industry to develop quicker and we thoroughly outpaced the Soviets. Looking back at the periods in which we thoroughly moved ahead of the USSR, those were times in which we had pro-growth/pro-business tax policies, particularly in the 80's.
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The 80's...ha ha ha, what a time.
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Edited by Eternity: 1/27/2016 3:25:52 AM[quote]Your analogy is dependent on assuming that everyone who is wealthy has connections in government and can affect policy making, that assumption is completely untrue.[/quote] Untrue - it is assuming that wealthy individuals and the corporations that they control have a significantly disproportionate influence on policymakers (whether it be via business lobby groups or indivudal connections) - this is factual. Many wealthy families also control significant (and increasing over time) stakes in various media corporations also, allowing for varying degrees of influence over the general population. [quote]Inter-generational wealth is not a problem, people work hard for the sole purpose of providing for their kids and family in this lifetime and for generations down the road. That's honestly the whole point, to ensure quality of life for your kids and grandkids and so on. Are you suggesting the gov't step in and tax inheritance more than they already do?[/quote] Not at all - I'm suggesting that it is a complex multi-faceted problem, which has been trending in an increasingly negative direction for a number of years. It's time that it be a topic of increased political discussion. The US boldly declares itself to be a land of equal opportunity - nothing could be further from the truth. A person's financial success in life is highly correlated with that of their parents, and the other financially successful people that they have opportunities to network with. You may personally believe that the point of everything we do in life is to ensure our children are happy and financially secure (a noble pursuit), but that isn't an economic argument, and more importantly, the current system is only allowing a small (and increasingly smaller) percentage of the population to actually achieve this for their children. It's also worth considering that in the long term, a rapidly shrinking middle class (which contributes the bulk of consumer spending) means a weaker economy. I'm not advocating an inheritence tax - I'm simply saying that there is an obvious issue, which is getting worse over time, and it needs to be examined and discussed so that both the Government and the public can determine a corrective measure (sorry, couldn't resist). Not a black and white issue. Economics rarely is - even though the political hopefuls from both sides would love for you to believe that it is.
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We agree on the problems, just not the solutions. I would say that limited government would solve the problem. In theory if gov't's influence is limited to basic needs such as defense, infrastructure, and a few other essentials then the allure of bribing/influencing gov't would lose its luster simply because gov't wouldn't have that much influence. (That's probably the most concise way I can put it lol) I firmly believe that the free-market is the best creator of jobs and wealth though.
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Any major company with money can lobby a senator. More successfully than an average hard working american. More so the average independently wealthy person is not as much of an issue. The ridiculously wealthy person/corp can and does affect policy change in their favor.
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Donald Trump and the Cock Bros are exceedingly good examples of how wealth can effect the political discourse and, direction regardless of how that negatively affects the Vox Populi.
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What favor? They pay 40% in their earning. More tax than everyone else. So....
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And they also make more so.......With great power comes great responsibility. Instead those with great power choose to leave us behind while brainwashing the mindless into believing their lies. Would you rather share a pie with 1 person or 9? It's like climbing up a ladder onto your roof, you then pull the ladder up, and proceed to yell at your partner for not getting on the roof. Guess he just doesn't want to try right?
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So pretty much there is no such thing as a self made success? The first person to get on the roof was just lucky. He has his "ladder." While poor you is just sitting on the ground floor wondering when someone is going to get you a ladder... Ever wonder how the first guy got that ladder in the first place?
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See and that's where most Republicans start to show their ignorant side. It isn't about poor me. It's about acknowledging that not everyone has the same start as others. You people expect everyone to succeed but then go and shit on others struggles. Our economic system would not survive if everyone succeeded. There will always have to be lower class workers. So to say just because they didn't pursue an education they don't deserve fair pay? Then Republicans go and argue that the minimum wage was for teenagers and -blam!--ups. It's lien they willingly choose to be ignorant to what the minimum wage stood for. Democrats can be idiots too. It is always funny though how Republicans call Liberals super PC but Fox News loves its dumbass stories about how video games are ruining our children. Republicans, or sheeple, get told what to do by the smart rich white men and they just eat it up. I guess giving more money to the rich is a smart idea right?
