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US Politics Mega-thread - Page 1337

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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
Liquid`Drone
Profile Joined September 2002
Norway28804 Posts
October 07 2014 19:09 GMT
#26721
the argument comes from fox..;p

My point however is that considering that 1: people agree that too-lopsided income inequality is bad, and 2: people agree that increased redistribution can help with the problem of income inequality, it becomes natural that 3: people who do not want increased redistribution (because they think it is politically unsound for some other reason) will end up making the claim that income inequality is not currently too-lopsided, because that makes it harder for them to maintain their anti-redistribution point of view.
Moderator
GreenHorizons
Profile Blog Joined April 2011
United States23984 Posts
October 07 2014 19:22 GMT
#26722
On October 08 2014 04:09 Liquid`Drone wrote:
the argument comes from fox..;p

My point however is that considering that 1: people agree that too-lopsided income inequality is bad, and 2: people agree that increased redistribution can help with the problem of income inequality, it becomes natural that 3: people who do not want increased redistribution (because they think it is politically unsound for some other reason) will end up making the claim that income inequality is not currently too-lopsided, because that makes it harder for them to maintain their anti-redistribution point of view.


I get your point and mostly agree. Just that the same people who buy the rest of O'reilly's argument also want to cut/eliminate those programs in large part. Given most of it comes from the blog-type outlets I could dig up a reference from a more reputable one or probably a radio context to illustrate what I am talking about? I feel like I'm being a bit of a curmugeon on a small point but the opposition to inequality discussions (in general) is pretty significant.

"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
Nyxisto
Profile Joined August 2010
Germany6287 Posts
October 07 2014 19:27 GMT
#26723
On October 08 2014 04:09 Liquid`Drone wrote:
the argument comes from fox..;p

My point however is that considering that 1: people agree that too-lopsided income inequality is bad, and 2: people agree that increased redistribution can help with the problem of income inequality, it becomes natural that 3: people who do not want increased redistribution (because they think it is politically unsound for some other reason) will end up making the claim that income inequality is not currently too-lopsided, because that makes it harder for them to maintain their anti-redistribution point of view.

I understand the strategy, I'm just confused that it works. I feel like it has somehow become the MO of America's far right that if a problem occurs that the worldview has no solution for you just try to change reality instead of changing your view. No solution for global warming? Well it doesn't exist. Inequality? Nope,doesn't exist. Obama's foreign policy is weak? Well obviously he doesn't want to hurt his Muslim brothers, right?

That this kind of stuff frequently convinces nearly half of the population is pretty scary.
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
Last Edited: 2014-10-07 20:02:53
October 07 2014 20:01 GMT
#26724
american right is generally anti intellectual enough to be shielded from generally known facts that should be taught in public schools.
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
October 08 2014 01:17 GMT
#26725
A 2013 federal water study was edited to play down the negative effects of hydraulic fracturing or “fracking” following a flurry of email exchanges between the authors and New York state officials, according to a report published this week by local political news website Capital New York.

The study, conducted by the U.S. Geological Survey (USGS), had examined naturally occurring methane in water wells across the gas-rich Southern Tier, a group of counties located on New York’s border with Pennsylvania.

New York state Gov. Andrew Cuomo, who commissioned the study in 2011, has long maintained that he would only approve fracking if science shows that it can be done safely.

But some environmental experts are accusing the Cuomo administration of meddling with the study in order to blunt the impact of a number of politically inconvenient findings — a move that would enable him to move forward with controversial energy policies.

Seth Berrin Shonkoff, executive director at Physicians, Scientists and Engineers for Healthy Energy, said: "It appears that this USGS study was changed to conform to the Cuomo administration's conveniences as opposed to reporting truthful empirical data analysis."

Asked by Al Jazeera to comment on the allegations by Capital New York, a representative for the New York State Department of Environmental Conservation (NYSDEC) said that its staff had conducted a technical review of the original draft based on their extensive expertise, and that the communications with the author reflected "common and standard practice."


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
Danglars
Profile Blog Joined August 2010
United States12133 Posts
October 08 2014 01:20 GMT
#26726
On October 07 2014 22:28 oneofthem wrote:
guy's stupid if he thinks not adopting a specific policy then implies obama puts american interest second. very childish writing as expected from sowell
If that's all you saw from his argument, then it was a child reading it.

On October 08 2014 03:59 Nyxisto wrote:
I fail to understand how reasonable redistribution is somehow not capitalism anymore? The whole "Nordic model" has successfully combined a universal welfare state while keeping the idea of free markets and personal property intact. They are not mutually exclusive, and I don't think Piketty argued for the abolishment of capitalism at all.
How many unreasonable plans are packaged up in the word "reasonable" or even "pragmatic" rob the term of any meaning.

On October 08 2014 10:17 {CC}StealthBlue wrote:
Show nested quote +
A 2013 federal water study was edited to play down the negative effects of hydraulic fracturing or “fracking” following a flurry of email exchanges between the authors and New York state officials, according to a report published this week by local political news website Capital New York.

The study, conducted by the U.S. Geological Survey (USGS), had examined naturally occurring methane in water wells across the gas-rich Southern Tier, a group of counties located on New York’s border with Pennsylvania.

New York state Gov. Andrew Cuomo, who commissioned the study in 2011, has long maintained that he would only approve fracking if science shows that it can be done safely.

But some environmental experts are accusing the Cuomo administration of meddling with the study in order to blunt the impact of a number of politically inconvenient findings — a move that would enable him to move forward with controversial energy policies.

Seth Berrin Shonkoff, executive director at Physicians, Scientists and Engineers for Healthy Energy, said: "It appears that this USGS study was changed to conform to the Cuomo administration's conveniences as opposed to reporting truthful empirical data analysis."

Asked by Al Jazeera to comment on the allegations by Capital New York, a representative for the New York State Department of Environmental Conservation (NYSDEC) said that its staff had conducted a technical review of the original draft based on their extensive expertise, and that the communications with the author reflected "common and standard practice."


Source
Wait, some people actually believed Cuomo when he said he'd approve fracking if science shows that it can be done safely? Those crazy New Yorkers.
Great armies come from happy zealots, and happy zealots come from California!
TL+ Member
IgnE
Profile Joined November 2010
United States7681 Posts
Last Edited: 2014-10-08 01:37:58
October 08 2014 01:37 GMT
#26727
Where are the US ebola cases? It's classic, selfish, me-first attitudes that make the conservatives, like yourself Dangles, and Sowell, look childish. So far this crisis is entirely limited to Africa, and the talks of massive outbreaks in the US are nothing but fear-mongering and hype. If ebola really blows up into pandemic proportions it will likely be in India and China, and then all bets are off anyway.



In some ways Danglars and Wegandi are right when they say that those arguing for higher taxes and redistribution want to kill the free market and capitalism. The truth is that capitalism tends toward monopoly and inequality. It's a broken, immoral system that robs people of the fullness of their rights to self-determination and the pursuit of happiness. Your post sounds fine Drone, but I don't really care about treading on the toes of the Randian conservatives: no one deserves to be a billionaire, and accumulating that much wealth is immoral.
The unrealistic sound of these propositions is indicative, not of their utopian character, but of the strength of the forces which prevent their realization.
Wolfstan
Profile Joined March 2011
Canada605 Posts
October 08 2014 02:31 GMT
#26728
And here I found myself nodding in appreciation of drones post, who knew meeting in the middle would be unacceptable to a poster on the left?
EG - ROOT - Gambit Gaming
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
October 08 2014 02:35 GMT
#26729
Joining three other appellate courts, the 9th Circuit Court on Tuesday struck down gay-marriage bans enacted by Idaho and Nevada.

"We hold that the Idaho and Nevada laws at issue violate the Equal Protection Clause of the Fourteenth Amendment," Judge Stephen Reinhardt wrote for the court.

The ruling comes a day after the Supreme Court gave tacit approval to similar decisions by three other circuit courts. As Bill Chappell reported, when the court refused to hear an appeal of those decisions, gay marriage became legal in 11 states, bringing the total number of states allowing gay marriage to 30.

In his decision, Reinhardt arrives at his conclusion in much the same way other courts had. He drew a line from Supreme Court decisions in Romer v. Evans, which struck down a Colorado constitutional amendment that denied homosexuals equal protection, to Lawrence v. Texas, which invalidated anti-sodomy laws, to the court's decision in Windsor, which invalidated the federal Defense of Marriage Act.


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
[UoN]Sentinel
Profile Blog Joined November 2009
United States11320 Posts
October 08 2014 05:32 GMT
#26730
On October 08 2014 10:37 IgnE wrote:
Where are the US ebola cases? It's classic, selfish, me-first attitudes that make the conservatives, like yourself Dangles, and Sowell, look childish. So far this crisis is entirely limited to Africa, and the talks of massive outbreaks in the US are nothing but fear-mongering and hype. If ebola really blows up into pandemic proportions it will likely be in India and China, and then all bets are off anyway.



In some ways Danglars and Wegandi are right when they say that those arguing for higher taxes and redistribution want to kill the free market and capitalism. The truth is that capitalism tends toward monopoly and inequality. It's a broken, immoral system that robs people of the fullness of their rights to self-determination and the pursuit of happiness. Your post sounds fine Drone, but I don't really care about treading on the toes of the Randian conservatives: no one deserves to be a billionaire, and accumulating that much wealth is immoral.

Nobody argues that capitalism tends towards inequality, which is why all systems of capitalism are actually mixed with varying degrees of government intervention.

Capitalism doesn't achieve full happiness because we don't even want a system with full happiness, but it does instill the pursuit of happiness, and by very large margins, by its very nature.

Happiness begets complacency. A person happy with their place in life won't make any attempts to improve it, but rather sustain what they have. You have no mobility, and no drive to do anything other than maintain the status quo. What you need is the pursuit of happiness, or rather, hope. Follow your dreams! A person with hope will strive, for better or for worse, to get out of the bottom and get to the middle, or get out of the middle and get to the top. And the larger a leap you want to make, the less happiness you need (i.e. no desire to stay in whatever you currently live in), and the more hope you need (i.e. to get to a very far target which requires patience, some fortune, and tons of ambition).

A system with no happiness and tons of hope should be a very good system because everyone is scrambling to get to the top, creating social mobility, and progress gets achieved since people will improve their lives and by extension the lives around them, in the pursuit of some faraway happiness that at present does not exist.

We have varying degrees of government intervention - no system out there is purely capitalistic - because by regulating the inequality, we maintain some measure of hope for those at the bottom, and have tons of opportunity for those in the middle, to move upard in their pursuit of happiness.. I concede that the lower end of the wealth distribution is getting out of hand, but the middle and top in relation to each other are very good at the present.

Now how is it that nobody "deserves" to be a billionaire?
Нас зовет дух отцов, память старых бойцов, дух Москвы и твердыня Полтавы
IgnE
Profile Joined November 2010
United States7681 Posts
Last Edited: 2014-10-08 06:06:01
October 08 2014 06:04 GMT
#26731
If you think someone deserves to be a billionaire, you probably don't comprehend how many dollars make a billion. It is undemocratic and unjust to allow a solitary private citizen to control that much wealth. Beyond the obvious fact that there is no way that everyone could be a billionaire, or even anywhere close to a billionaire, allowing a single person to have that much power over the economic lives of the citizens who helped contribute to his fortune is unjust, and seeking to accumulate that much wealth to oneself in order to exercise such control over others is immoral. Every single billionaire has profited from network effects, inequitable property laws, privileged information, and a host of other environmental factors that have nothing to do with his worthiness, skill, or personal qualities. Every single billionaire, somewhere along the line, has accreted more wealth to himself at the expense of others simply because he could (insert justification here: the market, "fair" return on investment, etc.). That prodigious wealth accretion disenfranchises the people who helped to create it, but only enhances the billionaire's quality of life, freedom, and right to self determination by increasing his tyrannical social and economic power.

As to your other points, the top 0.1% has far more wealth than the 80th percentile. It's not just that "the lower end of the wealth distribution is getting out of hand." It's that the "lower end" is the majority of people in the United States and the vast majority of people on the planet.
The unrealistic sound of these propositions is indicative, not of their utopian character, but of the strength of the forces which prevent their realization.
Liquid`Drone
Profile Joined September 2002
Norway28804 Posts
October 08 2014 06:24 GMT
#26732
On October 08 2014 10:37 IgnE wrote:
In some ways Danglars and Wegandi are right when they say that those arguing for higher taxes and redistribution want to kill the free market and capitalism. The truth is that capitalism tends toward monopoly and inequality. It's a broken, immoral system that robs people of the fullness of their rights to self-determination and the pursuit of happiness. Your post sounds fine Drone, but I don't really care about treading on the toes of the Randian conservatives: no one deserves to be a billionaire, and accumulating that much wealth is immoral.


Norway is still a fundamentally capitalistic society.. Heavily regulated sure (and it will have to be more heavily regulated in the future for us to maintain our egalitarianism), and we're certainly guilty of some degree of third world exploitation to maintain our consumerist habits.. But I still think it's pretty much the best society humanity has managed to create through the entirety of human history.. From my perspective, in Norway we've gotten to the point where we don't need more economic growth (an opinion I have little political support for even here ), and I disagree with the notion that GDP is a great metric for societal success but I still just have to ask..

What's the alternative? I'm not talking about the alternative to largely unregulated capitalism - because I think the alternative is heavily regulated capitalism. But what's the alternative to heavily regulated capitalism? I mean, I like the idea of a fully automated zero-growth society where everyone's basic needs are provided for and where all energy can be spent on education and culture, but we're pretty far from being there, and I feel like we need to discuss what's viable, not what my pipe dream for the future is..

Further, I've seen you criticize the idea of a radical free will in the past. And I agree with you, I think the notion that everyone is responsible for their own success is just.. not grounded in reality, and this to me is a significant part of why I favor redistribution policies so much, because I feel that the poor are not responsible for who they are, their character, their desires, or even their moral dispositions. But then I also have to extend that courtesy to the wealthy. I can't hold a billionaire morally responsible for wanting to be a billionaire, from my perspective that disposition has been installed in him through factors outside his own control. The morality of individuals is to me irrelevant, attempting to actually find some common ground we can progress from is what matters imo..
Moderator
IgnE
Profile Joined November 2010
United States7681 Posts
October 08 2014 06:47 GMT
#26733
It's not analogous to hold the poor responsible for being poor and rich responsible for being rich. You can quickly remedy being rich, and I've been talking about billionaires here, with a B. That's a lot of fucking money. This isn't about whether some million dollar trust fund is immoral to have. I'm explicitly talking about people who are richer than god here.
The unrealistic sound of these propositions is indicative, not of their utopian character, but of the strength of the forces which prevent their realization.
coverpunch
Profile Joined December 2011
United States2093 Posts
Last Edited: 2014-10-08 08:25:07
October 08 2014 08:19 GMT
#26734
On October 08 2014 15:24 Liquid`Drone wrote:
Show nested quote +
On October 08 2014 10:37 IgnE wrote:
In some ways Danglars and Wegandi are right when they say that those arguing for higher taxes and redistribution want to kill the free market and capitalism. The truth is that capitalism tends toward monopoly and inequality. It's a broken, immoral system that robs people of the fullness of their rights to self-determination and the pursuit of happiness. Your post sounds fine Drone, but I don't really care about treading on the toes of the Randian conservatives: no one deserves to be a billionaire, and accumulating that much wealth is immoral.


Norway is still a fundamentally capitalistic society.. Heavily regulated sure (and it will have to be more heavily regulated in the future for us to maintain our egalitarianism), and we're certainly guilty of some degree of third world exploitation to maintain our consumerist habits.. But I still think it's pretty much the best society humanity has managed to create through the entirety of human history.. From my perspective, in Norway we've gotten to the point where we don't need more economic growth (an opinion I have little political support for even here ), and I disagree with the notion that GDP is a great metric for societal success but I still just have to ask..

What's the alternative? I'm not talking about the alternative to largely unregulated capitalism - because I think the alternative is heavily regulated capitalism. But what's the alternative to heavily regulated capitalism? I mean, I like the idea of a fully automated zero-growth society where everyone's basic needs are provided for and where all energy can be spent on education and culture, but we're pretty far from being there, and I feel like we need to discuss what's viable, not what my pipe dream for the future is..

Further, I've seen you criticize the idea of a radical free will in the past. And I agree with you, I think the notion that everyone is responsible for their own success is just.. not grounded in reality, and this to me is a significant part of why I favor redistribution policies so much, because I feel that the poor are not responsible for who they are, their character, their desires, or even their moral dispositions. But then I also have to extend that courtesy to the wealthy. I can't hold a billionaire morally responsible for wanting to be a billionaire, from my perspective that disposition has been installed in him through factors outside his own control. The morality of individuals is to me irrelevant, attempting to actually find some common ground we can progress from is what matters imo..

I have to point out that Norway is an oil exporting country and a great deal of these things you brag about are luxuries from having the most precious of resources to a modern economy, something most other countries do not enjoy. Norway has been wise with its money and certainly much better to its citizens with oil wealth than, say, Russia or Saudi Arabia, but oil is a commodity from which it is very easy to say people do not earn their wealth and poor people should have their poverty papered over with undeserved wealth.

Nobody's talking seriously about an alternative to capitalism with regulations. The question is how burdensome should the regulations be and how strictly should they be enforced. You can see it most easily with SOX and Basel III. SOX imposes large burdens on publicly traded companies for what is arguably relatively little benefit in terms of governance and good reporting. Basel III is being rendered toothless by the US financial sector (and around the world). It's not hard to argue that there needs to be SOME kind of regulation to prevent the problems of 2001 and 2008 from recurring again, but the devil is in the details.

EDIT: Surely we can agree that very burdensome and ineffective regulations that are not enforced are stupid and we should at least think about scrapping them. For instance, I don't think there's anything objectionable about workplace safety standards. But when that means watching five hours of safety videos made in the 80s, during which people sleep or play with their phones and then don't think at all about safety, something needs to change.
Introvert
Profile Joined April 2011
United States4955 Posts
October 08 2014 09:25 GMT
#26735
On October 08 2014 15:24 Liquid`Drone wrote:
Show nested quote +
On October 08 2014 10:37 IgnE wrote:
In some ways Danglars and Wegandi are right when they say that those arguing for higher taxes and redistribution want to kill the free market and capitalism. The truth is that capitalism tends toward monopoly and inequality. It's a broken, immoral system that robs people of the fullness of their rights to self-determination and the pursuit of happiness. Your post sounds fine Drone, but I don't really care about treading on the toes of the Randian conservatives: no one deserves to be a billionaire, and accumulating that much wealth is immoral.


Norway is still a fundamentally capitalistic society.. Heavily regulated sure (and it will have to be more heavily regulated in the future for us to maintain our egalitarianism), and we're certainly guilty of some degree of third world exploitation to maintain our consumerist habits.. But I still think it's pretty much the best society humanity has managed to create through the entirety of human history.. From my perspective, in Norway we've gotten to the point where we don't need more economic growth (an opinion I have little political support for even here ), and I disagree with the notion that GDP is a great metric for societal success but I still just have to ask..

What's the alternative? I'm not talking about the alternative to largely unregulated capitalism - because I think the alternative is heavily regulated capitalism. But what's the alternative to heavily regulated capitalism? I mean, I like the idea of a fully automated zero-growth society where everyone's basic needs are provided for and where all energy can be spent on education and culture, but we're pretty far from being there, and I feel like we need to discuss what's viable, not what my pipe dream for the future is..

Further, I've seen you criticize the idea of a radical free will in the past. And I agree with you, I think the notion that everyone is responsible for their own success is just.. not grounded in reality, and this to me is a significant part of why I favor redistribution policies so much, because I feel that the poor are not responsible for who they are, their character, their desires, or even their moral dispositions. But then I also have to extend that courtesy to the wealthy. I can't hold a billionaire morally responsible for wanting to be a billionaire, from my perspective that disposition has been installed in him through factors outside his own control. The morality of individuals is to me irrelevant, attempting to actually find some common ground we can progress from is what matters imo..


While of course I agree that environment matters (who denies it?) I think undue weight is placed upon it.

For instance,you gave the example of your brother- he's far wealthier than you, because he cared more about money or a certain lifestyle, what have you. Presumably you had the same parent/s... you said you were very similar in many ways, including intelligence.

So how can you say that

I think the notion that everyone is responsible for their own success is just.. not grounded in reality, and this to me is a significant part of why I favor redistribution policies so much, because I feel that the poor are not responsible for who they are, their character, their desires, or even their moral dispositions


(emphasis added)


Is that not a factor, even a little bit? Certainly it must have some basis in the world. The story you told seems to show that!
"But, as the conservative understands it, modification of the rules should always reflect, and never impose, a change in the activities and beliefs of those who are subject to them, and should never on any occasion be so great as to destroy the ensemble."
Velr
Profile Blog Joined July 2008
Switzerland10888 Posts
Last Edited: 2014-10-08 12:24:35
October 08 2014 09:26 GMT
#26736
You don't need heavy regulation. Just force a decent Minimum wage.

At the cost of some shareholder value you end up with a bigger middle class that will consume more, smaller goverment because less people need assistance, a more motivated workforce and a generally more stable country because people are not "driven" into crime as much.

Most people don't haven issue with someone earning double or even ten or more times as much as they do. But people tend to get angry if they work 100% and still barely make due while others are swimming in money.

If you have "gated communities" in your country, thats an obvious sign that something is clearly out of balance.

Btw: There are other scandinavian countries whiteout Oil exports that do nearly as good as Norway...
WhiteDog
Profile Blog Joined November 2010
France8650 Posts
Last Edited: 2014-10-08 13:06:39
October 08 2014 12:37 GMT
#26737
On October 08 2014 02:02 GreenHorizons wrote:
Show nested quote +
On October 08 2014 01:49 Liquid`Drone wrote:
And discussions on various educational reforms, whether education should be a tool for productivity (more focus on STEM!) or a goal in itself (more liberal arts!) are super prudent.. Personally I think the whole Bildung-aspect of education is of vast importance, but it's so understated in the US and UK that you guys don't even have your own word for it..



We have a word for it... It tends to be called 'liberal propaganda'.

Also on the inequality piece this is the kind of stuff I was talking about.

You see Megan Kelly basically making your case, then you see BillO shit all over it...





"I just destroyed this income inequality myth"

Haha I love how the "french economist" is an argument against income inequality in itself.
I love it, because they don't know that France is, in reality, full of retards like them (in fact worst than them, it's an insult to BillO to compare it to our politicians and journalists, at least he have certain values and a vision of common good). France today is not the same as 60 years ago. Even our "socialist" party is closer to BillO than Sartre, Marx or Jaurès and Léon Blum.
And Piketty is, in reality, one of the most explicit expression of that sad devolution.

From a political standpoint, the US is more "leftist" and progressive country than France has been for the last ten years. Stop listening the medias.
"every time WhiteDog overuses the word "seriously" in a comment I can make an observation on his fragile emotional state." MoltkeWarding
[UoN]Sentinel
Profile Blog Joined November 2009
United States11320 Posts
October 08 2014 13:33 GMT
#26738
On October 08 2014 15:04 IgnE wrote:
If you think someone deserves to be a billionaire, you probably don't comprehend how many dollars make a billion. It is undemocratic and unjust to allow a solitary private citizen to control that much wealth. Beyond the obvious fact that there is no way that everyone could be a billionaire, or even anywhere close to a billionaire, allowing a single person to have that much power over the economic lives of the citizens who helped contribute to his fortune is unjust, and seeking to accumulate that much wealth to oneself in order to exercise such control over others is immoral. Every single billionaire has profited from network effects, inequitable property laws, privileged information, and a host of other environmental factors that have nothing to do with his worthiness, skill, or personal qualities. Every single billionaire, somewhere along the line, has accreted more wealth to himself at the expense of others simply because he could (insert justification here: the market, "fair" return on investment, etc.). That prodigious wealth accretion disenfranchises the people who helped to create it, but only enhances the billionaire's quality of life, freedom, and right to self determination by increasing his tyrannical social and economic power.

As to your other points, the top 0.1% has far more wealth than the 80th percentile. It's not just that "the lower end of the wealth distribution is getting out of hand." It's that the "lower end" is the majority of people in the United States and the vast majority of people on the planet.


I don't see how it's infringing on my rights as a citizen for someone to have a billion dollars. The only reason they have the political power that they do is public apathy. When you actually have an idea who you want to vote for, you're not going to be persuaded by the candidate that can air the highest number of flashy ads, and it'll be regardless of how much money the candidate's campaign has raised.

Most success in general now comes from networking, privileged information, and other loopholes. Billionaires just take these factors to their logical extreme.

The top 0.1% could have more wealth than even the top 90% for all I care, but as it stands right now, the fact that people from the 40-70 area can make it to at least the top 1%, but even the top 0.1%, with the right combination of insight, networking, skill and drive is evidence for me that the system is working from the middle up.
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hunts
Profile Joined September 2010
United States2113 Posts
October 08 2014 13:35 GMT
#26739
On October 08 2014 18:26 Velr wrote:
You don't need heavy regulation. Just force a decent Minimum wage.

At the cost of some shareholder value you end up with a bigger middle class that will consume more, smaller goverment because less people need assistance, a more motivated workforce and a generally more stable country because people are not "driven" into crime as much.

Most people don't haven issue with someone earning double or even ten or more times as much as they do. But people tend to get angry if they work 100% and still barely make due while others are swimming in money.

If you have "gated communities" in your country, thats an obvious sign that something is clearly out of balance.

Btw: There are other scandinavian countries whiteout Oil exports that do nearly as good as Norway...


And this is what you people don't understand. A bigger minimum wage at the cost of shareholder value cannot and will not happen. A bigger minimum wage will come with an increase in cost and a reduction in labor, the people earning that bigger minimum wage will have less hours and less jobs, and the consumers will have to pay more.
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Velr
Profile Blog Joined July 2008
Switzerland10888 Posts
Last Edited: 2014-10-08 13:52:47
October 08 2014 13:42 GMT
#26740
The political Spectrum in the US just seems very "extreme".

You have diehard libertarians, diehard leftist, diehard conservatives and christians + the biggest medianetworks in the world that jump all over everything these extreme figureheads spit out... If you add in a 2 Party System that has to gather all these into just Republicans and Democrats you end up with something that looks just "absurd".

Most other countries have (several) fringe parties that normally don't get all that much of the vote while the politics are dominated by parties that don't act openly "extreme" (in General ). But I highly doubt we have less "crazies" than the US, you just don't hear about/from them as often.



And this is what you people don't understand. A bigger minimum wage at the cost of shareholder value cannot and will not happen. A bigger minimum wage will come with an increase in cost and a reduction in labor, the people earning that bigger minimum wage will have less hours and less jobs, and the consumers will have to pay more


Pls give me ONE real live example where this actually happened.
This is the standard Response to the Minimum wage argument and it has just no base in reality (assuming your not going way overboard with the Minimum wage, obviously ).
If this was the case, countries with higher wages than their neighbours would crash and burn due to being outcompeted, yet this is not happening.
But I guess Scandinavia, Switzerland and every other Country with decent wages are just some sort of "magical wonderlands" where your reasoning doesn't apply because "Magic".
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