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re: Is one major cause of wealth disparity a poor rate of return on social security?
Posted on 5/29/14 at 1:39 pm to WildTchoupitoulas
Posted on 5/29/14 at 1:39 pm to WildTchoupitoulas
quote:Of course it does.
It doesn't matter if the lower classes are increasing in wealth
However your described perception is EXACTLY emblematic of leftist redistributional idiocy.
EXACTLY!
Doubling SOL for lowerclass/middleclass should stand on its own as a significant accomplishment. But IAW the above construct, it does not. If middleclass income/SOL doubles, but upperclass income triples, then somehow that is unfair to the middleclass.
OTOH if middleclass income remains stagnant, but upperlevel income/wealth/SOL is cut in half,
THAT CONSTITUTES GREAT SUCCESS according to neosocialists!
Posted on 5/29/14 at 1:58 pm to NC_Tigah
quote:
Of course it does.
No, it quite obviously doesn't.
If we are talking about an increasing wealth disparity between two classes, both could be falling, with the lower class falling faster than the other would lead to an increasing wealth disparity, just as both could be increasing, with the higher class increasing faster leading to increased wealth disparity.
quote:
If middleclass income/SOL doubles, but upperclass income triples, then somehow that is unfair to the middleclass
I don't know if it's fair or not to anyone, but it would, necessarily, lead to an increasing wealth disparity which is what I thought the thread was about. I could be wrong.
quote:
However your described perception is EXACTLY emblematic of leftist redistributional idiocy.
EXACTLY!
...THAT CONSTITUTES GREAT SUCCESS according to neosocialists!
I think you're becoming hysterical.
I'm trying to describe a phenomenon without injecting a value judgment. Basically TA was saying that there's nothing wrong with an increasing wealth disparity, I happen to think that if taken to extremes it can be dangerous for a society. That is my value judgment.
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