Thursday, June 06, 2019

Vince Taylor: "Reclaiming Billionaire's Wealth"

aka taking their money.
Seems like I'm seeing more and more of this sort of thing. Seems like, anyway.
I'm concerned about extreme wealth accumulation and almost always have been. But I'm also concerned about arguments of this kind--and about a zeal for redistribution. There's often a fair bit of ressentiment in 'em.
You tripped over a hunk of gold and stuck it in your pocket. Ok; in some sense I guess you didn't earn it much. You didn't work much for it, anyway. That doesn't mean that it isn't yours.
Oh, incidentally: I'm entirely ignorant of economics. So this post is nothing more than me being honest about my hunches, inclinations, concerns and whatnot. This shouldn't convince anybody of anything ever.
I tend to think that the gubmint should knock the sharpest edges off of capitalism. But I don't know what to say beyond that. I've read paeans to returning to the tax rates of the '50's. That sounds pretty 'Merican! I could be for that! I guess. I don't know.
It wouldn't stop there, of course. But that doesn't mean that it might not be a better place than here.

Though...wonder what redistribution of wealth would do to global warming? Won't the newly-more-wealthy spend their justly-gotten gains on things like beef and air conditioning and air travel? Isn't that an argument for putting off any such redistribution until we've...done whatever it is that we need to do in the next exactly 12 years or else? If AGW really is an existential crisis / extinction-level event / the moral equivalent of (World) war (II) / etc...maybe we should even try to increase wealth inequality right now.
Eh, I don't know anything about any of this.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home