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re: "Wealth Inequality in America: Its worse than you think" - Fortune

Posted on 10/31/14 at 3:14 pm to
Posted by genro
Member since Nov 2011
61788 posts
Posted on 10/31/14 at 3:14 pm to
The negative impact is that humans are naturally jealous. So you encourage class warfare, buy off votes with union kickbacks and entitlements, and set yourself up as the plutocrats.
Posted by Zach
Gizmonic Institute
Member since May 2005
112610 posts
Posted on 10/31/14 at 3:19 pm to
quote:

The negative impact is that humans are naturally jealous. So you encourage class warfare, buy off votes with union kickbacks and entitlements, and set yourself up as the plutocrats.


Good point. So here is a hypothetical for the board.

Choice A: The 10th percentile of income earners in this society make $200K a year. The 90th percentile of income earners make $20K a year.

Choice B: The 10th percentile of income earners in this society make 500K a year. The 90th percentile of income earners make $30K a year.

Which society would you prefer? A or B?
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