Wealth Inequality Is A National Emergency

Hello gfm7175,

I appreciate you arguing your position without animosity. I disagree with it, but also see no reason to make it personal. We are discussing ideas, not feelings. Too bad more posters don't take that approach, but the endless personal attacks do keep the board moving right along...

You don't like wealth? Maybe donate your own wealth to the less fortunate, putting it at an equal level with some of the less fortunate, like you are telling others to do...

Ideally, all one should have to do as a minimum is pay one's taxes and let our self-government organize where the funds can best be used. If one is feeling more generous than that one is free to donate to charity. Personally I like wealth, as most do, but it is a personal decision what kind of relationship one has with wealth. Many let it rule their lives. I use it as a tool. If it suits me to donate it to a good cause I do so. I am not super-wealthy either, but I am quite comfortable and have lots of toys. I established what I feel is a good relationship with wealth early on in life. I want enough wealth to be comfortable and then some, and after that I am not going to obsess over it or dedicate my life to acquiring it. After all, what is the point of wealth? To enjoy life? That is exactly what I am doing already, so why would I waste any more time seeking more wealth? That time comes out of my available time to enjoy life. And, as we all know, we only have so much time to be alive. Sooner or later your time has expired. Remember: Nobody gets out of this alive.

Wealth is necessary to enjoy life?? I am not one of "the wealthy" (whatever that means), and I thoroughly enjoy life (in a general sense), even with soon having to shell out nearly $4,000 to get my vehicle in operational order again. Money isn't everything...

Great attitude.

Just face it, all of us are different, and have different levels of talent and intelligence. That leads to some people having lots of money, and others having much less money. There's no feasible way to keep it "equal"...

If you will note, he said 'more equal.' I don't know of many people actually advocating for equal wealth through redistribution. I have not heard it here at JPP. I agree that different occupations are remunerated at differing levels. It doesn't always follow a strict relationship with education level, either. Some are able to become quite wealthy without much education while others are incredibly smart, but their contributions to society are not valued as highly. Thomas Edison had no college education.

You realize how much more they pay in to begin with, right? Even WITH various "loopholes"? Those people you want to punish [for working their asses off] are the ones who feed you, who clothe you, who give you a job, etc. etc...

Here, you are putting words in his mouth. This is a common conservative argument, but no liberal that I have ever heard has actually advocated for 'punishing success.' The reasoning for progressive taxation is not to punish success at all. That's not what taxation is all about. It is to generate enough revenue to run the country. We merely differ on what the government should be doing. Liberals feel that a country is great when it provides a minimum level of care for the needy. A country is judged not by how well the richest are doing, but by how it cares for the least fortunate. Conservatives always take the position that a country is great with the smallest government absolutely possible, and envision no social programs at all. They fantasize that the free market will provide for all, if only they apply themselves. What they overlook is that there is actually very little opportunity for an individual raised in poverty to rise above it. They ignore this fact and instead blame the poor for their own condition as a way to justify refusing to help them.

It's not "giving them" trillions... You realize that it is THEIR money to begin with, right??

Everyone understands that. What conservatives ignore is that the country simply can not be great without aggressive progressive taxation. Some conservatives advocate for a flat tax, say 15% of what you earned. Rich, poor, all would pay the same percentage. Some envision that as fair. An intriguing argument, but it breaks down when you realize that the poor simply cannot pay this amount. they already pay everything they earn, most of it to the rich. Rent, food, transportation, etc consumes everything they earn.

Define "the wealthy"... The national debt is an issue, is it not? Entitlement programs are unconstitutional, are they not? The FDA is unconstitutional, is it not?

If those programs are unconstitutional then bring a case. Good luck arguing it. The constitution says "Promote The General Welfare."

Different people have different levels of talent and intelligence; that's just the way it is. A person with a 70 IQ is never going to be a successful CEO of a company, no matter how much "chance" you give them...

John's Crazy Socks

Correct. They both have different tasks that they perform. The "working man" (usually requiring little intelligence) makes the product, while the CEO oversees everything and makes sure the company continues to remain profitable. The CEO takes on enormous amounts of stress, and puts in many more hours than the "working man" does. The CEO is also much more intelligent and much better at business deals than the "working man" is. A LOT more goes into being a CEO than a "working man", (much more responsibility too), and only a very select few people are able AND willing to be one, while pretty much anyone can be a "working man".

That was all fine and well back in the 1960's when the corporate executive earned 10-15 times what the average working man earned. That was an equitable income spread. Now that the figure has risen to 500 times the average worker, it is skewed toward the rich. And that way that figure continues to rise IS NOT SUSTAINABLE. Our economy will implode if this is allowed to continue.

You don't do actions to get some kind of "satisfaction/reward" out of it? The actions of any person are inherently selfish.

Wrong, wrong, wrong.

Have you ever heard of Alfred Loomis? Don't feel bad if you haven't. He was a great man, but he didn't do what he did for notoriety. He simply wanted to make a great contribution to the free world, and realized he had the wits to do it. He was instrumental in the allied powers winning World War II. He created RADAR, a Computer, and put them together to invent RADAR-guided AA guns for Britain to fight off the relentless attacks of the Luftwaffe. I didn't even know this technology exist then. It was all kept secret for obvious reasons.

It turns out that Loomis was a great capitalist for a while, until he got super-rich. Then he turned his interests to non-profit science, using his own money for the common good. He made a capitalist fortune by correctly predicting the crash of 1929. Later, he used his own fortune to develop a science lab where he perfected his inventions. He gave his work to the US and British governments at no personal profit. He helped win the war.

Nicola Tesla invented the AC Motor. He didn't care about getting rich. He just wanted the public to have this great advancement. He gave his idea to Thomas Edison. Edison foolishly rejected it, because Edison was a strict capitalist, in it for the money, and Edison had already put a lot of work into selling DC electricity, having wired a few blocks of New York with it. He didn't want to tell his customers that there was now a better way to use electricity. Tesla left Edison and found George Westinghouse, another capitalist. Westinghouse seized Tesla's idea and became rich on it. He paid Tesla a flat fee. Tesla went on to use his money to try to invent wireless power transmission, something that never happened. He never stopped trying to improve the world, not for profit, but because he simply wanted to make advancements.

Jonas Salk was a doctor who went into research. He was convinced he could create a cure for Polio. He did it, and then gave it away for free, so the world could have it. He could have been fabulously wealthy if he had sold it, but he was happy to make this advancement for society and live his modest life. He had all he wanted already. He was happy.

There you go. Three very great people who did what they did not out of selfishness at all. There was no inherent selfishness involved with any of them. Now, they were all very great people and have achieved notoriety for their accomplishments. Can you imagine how many people are out there quietly giving of themselves for others and for society who are NOT famous? Incalculable. The thought that everybody is motivated by selfishness and greed is just plain wrong.
 
In your limited intellectual view the Founding Fathers, Washington, Jefferson, Franklin, Madison, Hamilton, etc., were "moronic left wingers". But you hsave been shown where that truth is at many times, and still cannot grasp it.

if you think any of the above were promoting "income equality" YOU are a moronic left winger.........
 
Just wondering dumb f**k, why not use China as an example of communism? Got a clue? Of course not. You would rather use the actions of a tyrant to express your abject ignorance.

BTW, you do know that capitalism leads to tyranny, right, especially the corrupt form we now have in America thanks to the Repugnant Party?

https://www.cnbc.com/2013/11/26/pop...unfettered-capitalism-idolatory-of-money.html

China is ruled by a tyrannical Communist regime. Why would a dunce like you think they are any better? Because you're a dunce? :laugh:
 
Wrong. CEOs get continuous raised because they control the process.
You're missing the point behind why CEOs get paid MUCH more than common workers...

Their wages are determined by a compensation board that is peopled by similar execs, some stockholders and people who owe their jobs to the execs. They never get cuts. After the bank crash 2008, those genius execs kept their jobs and even got their bonuses.
It is a myth that they are getting rich because of ability.
No, it's quite literally because of their ability. There are only a select few people who have both the ability AND the will to be a CEO... There are countless millions of people who can be a general worker...

John K. Galbraith called execs ratifiers. He said when they had to make a decision, the data was all collected and determined by the workers who wrote up the information. Others claim top execs are usually the guy who was head of a fraternity in college. Great schmoozers and glad hands.,but not the best students. Not the most competent either. The incredible explosion in exec compensation was not accompanied by a change in ability.
If an exec gets killed in a plane accident, he is rapidly replaced and nothing changes.
Let the workers go on strike and you will see how fast profits drop.
Not exactly... Those workers can very easily be replaced.
 
Wealth inequality is much due to government policy. As an example all the Repub tax cuts that keep giving money to the top 1 percent. Of course, the armies of paid lobbyists by wealthy and corporations also impact the laws in their favor. Lobbyists actually write lots of laws. Then the politician slips it into a huge bill. It goes unread. The defense bills are good for hiding legislation.
The wealth gap is not natural to capitalism, it is designed by systemic flaws. The last 40 years wages have stagnated while profits went up to new levels.All the profits created by workers was confiscated by the wealthy and owners.
We have to shake up the system. We need higher minimum wages and a fairer tax structure. We should be backing unions so workers will have power again.

:lolup:This is your brain on moron; don't be one. :laugh: You fucking moron; the Government didn't give shit to the 1%. It can only TAKE you asshat. No wonder idiots like you vote for idiots in the Party of the Jackass.
 
I never said that, CFM did.

You have to attribute other people's quotes to me, because you can't argue against my points.

The only point you have is the one on your shoulders. What points did you have other than saying "Nuh Uh." When was "Nuh Uh" an argument? STFU, seriously.
 
He is one of those who believes Trump is god, and anything he says must be true even when facts prove he is lying. Have you noticed that the Liar who calls him self "Truth Detector" never has any facts, just lies. From what I have seen none of those low IQ dumb f**ks posted anything to prove me wrong. They just automatically jumped into Saul Alinsky's "Rules for Radicals", and used his tactics.

This is what worries me about the direction America is going in. Trump doesn't scare me, he's just a goofy clown who fails at everything. What does scare me is how many people are willing to blindly follow him, just because he pisses off Liberals. This blind devotion with no care for truth and facts is how we end up with a dictatorship.
 
If my arguments are easy to debunk, why do you resort to false attributions and strawmanning?

I don't; why do you project your moronic tactics onto me snowflake? Grow a brain and get back to me when you are armed with something more than crying.

giphy.gif
 
This is what worries me about the direction America is going in. Trump doesn't scare me, he's just a goofy clown who fails at everything.

Yeah, quite the failure right assclown? He's a billionaire who flew around his own private Boeing 757, he's the President of the most powerful country in the world and is actually accomplishing a low for the American people regardless of the desperate lies, obstruction and HOAX perpetrated by the JD.

What have you accomplished, aside from masturbating to pictures of Obama? :laugh:

What does scare me is how many people are willing to blindly follow him, just because he pisses off Liberals. This blind devotion with no care for truth and facts is how we end up with a dictatorship.

There you go with the asinine and farcical strawmen. If your not lying, your fabricating. You're the typical low IQ leftist moron on steroids. You couldn't have an honest, coherent debate if you wanted to.

head_up_your_ass2.jpg
 
Hello gfm7175,

No. It is mostly due to our individual differences in ability/intelligence/work ethic/personalities/etc... We are all different people capable of different things. Some of us are very intelligent, while others of us are not. Some of us are capable of being CEOs, while most of us are not. That's why incomes vary so much; because our natural abilities vary a lot...

I noticed a glaring omission in your version of factors involved in success. Being born into a wealthy family is a tremendous advantage in acquiring wealth. Donald Trump was raised to do one thing: acquire wealth through the failed win/lose philosophy. He mostly failed at business, but his outrageous character was a big hit on Reality TV, where shock factor sells advertising.
 
You're missing the point behind why CEOs get paid MUCH more than common workers...


No, it's quite literally because of their ability. There are only a select few people who have both the ability AND the will to be a CEO... There are countless millions of people who can be a general worker...


Not exactly... Those workers can very easily be replaced.

Ever hear of the big 3 strikes that made Americas middle class? How about coal miner strikes. When you have a big company you will be slaughtered by a strike. Are you aware of the cost of finding, hiring and training workers? It is easy to replace an exec. When workers are not doing their jobs, the company makes no money.
Every job has to be learned. Workers have to be trained and evaluated.
 
Hello Nordberg,

Wrong. CEOs get continuous raised because they control the process. Their wages are determined by a compensation board that is peopled by similar execs, some stockholders and people who owe their jobs to the execs. They never get cuts. After the bank crash 2008, those genius execs kept their jobs and even got their bonuses.
It is a myth that they are getting rich because of ability. John K. Galbraith called execs ratifiers. He said when they had to make a decision, the data was all collected and determined by the workers who wrote up the information. Others claim top execs are usually the guy who was head of a fraternity in college. Great schmoozers and glad hands.,but not the best students. Not the most competent either. The incredible explosion in exec compensation was not accompanied by a change in ability.
If an exec gets killed in a plane accident, he is rapidly replaced and nothing changes.
Let the workers go on strike and you will see how fast profits drop.

Well said.
 
Hello gfm7175,

You're missing the point behind why CEOs get paid MUCH more than common workers...


No, it's quite literally because of their ability. There are only a select few people who have both the ability AND the will to be a CEO... There are countless millions of people who can be a general worker...


Not exactly... Those workers can very easily be replaced.

Corporate executives often get their jobs not strictly because of their qualifications, but who they know. Contacts are everything in that process. There are thousands of people with very good grades and high GPA who graduate with MBA, but if they don't graduate from an Ivy League School, if they don't have the background and family contacts, they are frequently overlooked for top corporate leadership positions. They are well qualified to do the work, but they don't get the job because they don't have the contacts, don't rub shoulders at the right country club. People are groomed from birth for those select few positions. Some outsiders get in occasionally, but the norm is to take those with connections.
 
Hello gfm7175,

I appreciate you arguing your position without animosity. I disagree with it, but also see no reason to make it personal. We are discussing ideas, not feelings. Too bad more posters don't take that approach, but the endless personal attacks do keep the board moving right along...
Agreed. I do like to focus on the substance as much as possible.

Ideally, all one should have to do as a minimum is pay one's taxes and let our self-government organize where the funds can best be used. If one is feeling more generous than that one is free to donate to charity. Personally I like wealth, as most do, but it is a personal decision what kind of relationship one has with wealth. Many let it rule their lives. I use it as a tool. If it suits me to donate it to a good cause I do so. I am not super-wealthy either, but I am quite comfortable and have lots of toys. I established what I feel is a good relationship with wealth early on in life. I want enough wealth to be comfortable and then some, and after that I am not going to obsess over it or dedicate my life to acquiring it. After all, what is the point of wealth? To enjoy life? That is exactly what I am doing already, so why would I waste any more time seeking more wealth? That time comes out of my available time to enjoy life. And, as we all know, we only have so much time to be alive. Sooner or later your time has expired. Remember: Nobody gets out of this alive.
Even though we tend to disagree on most things, I do appreciate this part of your response, and would say that I agree with you here. I'll also add that we can't take our wealth with us after we die, and I personally believe that there is a different kind of wealth that is much more important than money. We all have different desires in life; it's just determining whether they are 'good' or not...

Great attitude.
Thanks. Likewise towards yourself. It seems like we have a similar attitude about wealth (money).

If you will note, he said 'more equal.' I don't know of many people actually advocating for equal wealth through redistribution. I have not heard it here at JPP. I agree that different occupations are remunerated at differing levels. It doesn't always follow a strict relationship with education level, either. Some are able to become quite wealthy without much education while others are incredibly smart, but their contributions to society are not valued as highly. Thomas Edison had no college education.
The issue I see with 'more equal' as opposed to 'equal', is that 'more equal' is never going to be good enough. People will always be jealous of other people having more than them. The way I see it, "the wealthy" (whatever that means) tend to earn that money through having advanced intelligence (no college education required btw), skills, interpersonal skills, or even just knowing the correct people or inheriting wealth from their parents who had those skill sets... No matter how the wealth was received, it is THEIR wealth, and I believe to steal that wealth away from those people (and I would consider progressive taxation and/or redistribution of wealth to be theft) is immoral. People shouldn't have their money taken away from them simply because they are "too rich".

Here, you are putting words in his mouth. This is a common conservative argument, but no liberal that I have ever heard has actually advocated for 'punishing success.' The reasoning for progressive taxation is not to punish success at all. That's not what taxation is all about. It is to generate enough revenue to run the country.
I would consider 'redistributing wealth' to be punishing success, as it is the most successful people who run their own businesses and such who become the most wealthy. If those people have to give up that money they made, simply because they are wealthy, then I would consider that to be punishing success. Why be successful if you are only allowed to partially reap what you sow? Bottom line: Other people own that wealth. To take it away from them (whether taxing or redistributing or otherwise) is stealing from them, which is immoral.

We merely differ on what the government should be doing. Liberals feel that a country is great when it provides a minimum level of care for the needy. A country is judged not by how well the richest are doing, but by how it cares for the least fortunate.
I think Conservatives can agree on that as well. The difference seems to be in what methods should be taken to achieve that. Liberals seem to want a strong powerful federal government controlling everything, while Conservatives seem to want a very limited federal government (with stronger state governments taking over many of the things that the federal government has unconstitutionally taken over). Conservatives and Liberals both agree that poorer people should be helped out, but both sides have different ideas for how to reach that end goal, usually involving valuing certain things over others. For instance, the main reason why I don't like redistributing wealth to make it 'more equal' is because I view that as stealing from the wealthy, and I view stealing as being immoral.

Conservatives always take the position that a country is great with the smallest government absolutely possible, and envision no social programs at all.
This is where I feel that you misunderstand Conservatism a bit. Conservatism doesn't necessarily want "small government", but they do want a small federal government. I also wouldn't say that they envision NO social programs. While they do envision no social programs on a federal level, as that is unconstitutional (See the list of enumerated powers in Article 1 Section 8), they DO, however, support social programs on a state level, and encourage charity above all else. Essentially, they value self-governance over compulsion, and it seems like Liberalism is instead promoting compulsion over self-governance.

They fantasize that the free market will provide for all, if only they apply themselves.
This part I agree with you wholeheartedly, and disagree with the typical conservative mantra that I put into bold text. No matter how much some people 'apply themselves', they simply cannot achieve certain things. I could 'apply myself' all I wanted to, and I would still never become an NBA player, for example. We are all individuals, and we all have different skill sets, intelligence levels, abilities, capabilities, etc. etc... That is inherently going to result in a vast difference of wealth levels, as much rarer positions are going to be valued a lot higher. Another way to phrase the conservative mantra presented here is that we all have "equal opportunity". No, actually we don't, for the reasons I mentioned. Some people are just not going to be as wealthy as others, no matter HOW hard they try.

What they overlook is that there is actually very little opportunity for an individual raised in poverty to rise above it.
Sort of... They do start at a disadvantage, but it can be overcome, even if it does take a generation or two or three... Wealth can also be lost quite quickly, and have to be rebuilt again... The ladder goes both ways (rich becoming poor and poor becoming rich).

They ignore this fact and instead blame the poor for their own condition as a way to justify refusing to help them.
Depends on the individual situation. Sometimes the lack of wealth is caused or expedited by the poor person; sometimes it is out of their own control. My upcoming $4,000 car repair was completely out of my control, as I've taken good care of the car, but it just happened to have some serious problems arise anyway. Sure, it will set me back financially for a bit here, but I do have a sizable bit of money saved up that I can dip into, and will slowly replace it back over the rest of this year... I wouldn't say that they refuse to help them though. I think it once again comes back to self-governance vs. compulsion. They don't think people should be compelled to help, but rather, should help in a charitable fashion...

Everyone understands that. What conservatives ignore is that the country simply can not be great without aggressive progressive taxation.
This I do not agree with. The USA has a rich history of being great with very little taxation (mostly tariffs funding the federal government). During the Industrial Revolution, the federal income tax rate was 0%... Why would you think that we need aggressive progressive taxation in order to be great?

Some conservatives advocate for a flat tax, say 15% of what you earned. Rich, poor, all would pay the same percentage. Some envision that as fair. An intriguing argument, but it breaks down when you realize that the poor simply cannot pay this amount. they already pay everything they earn, most of it to the rich. Rent, food, transportation, etc consumes everything they earn.
I envision it as "fair", since everyone pays the same percentage, but it does have some downsides, depending upon how one wishes to implement it. Personally, I would like to see taxation and government assistance programs and the such all be much more localized (controlled by individual states).


If those programs are unconstitutional then bring a case. Good luck arguing it. The constitution says "Promote The General Welfare."
That language isn't a "catch all" for whatever thing one might consider promoting the general welfare. There is an enumerated list of powers that Congress has just below that introductory language you quoted. That section of the Constitution was clearly meant to list out the specific legislative powers that Congress has. Welfare programs is not one of those enumerated powers. Welfare programs should instead be a State by State matter...

Seems like Mark does most of the CEO type stuff, not John. John just seems to be the co-owner and face of the company... But my main point is that there are just some people who absolutely cannot be a CEO no matter how hard they try at it because they don't have the intelligence (and other skills) for it.

That was all fine and well back in the 1960's when the corporate executive earned 10-15 times what the average working man earned. That was an equitable income spread. Now that the figure has risen to 500 times the average worker, it is skewed toward the rich. And that way that figure continues to rise IS NOT SUSTAINABLE. Our economy will implode if this is allowed to continue.
How so?

Wrong, wrong, wrong.

Have you ever heard of Alfred Loomis? Don't feel bad if you haven't. He was a great man, but he didn't do what he did for notoriety. He simply wanted to make a great contribution to the free world, and realized he had the wits to do it. He was instrumental in the allied powers winning World War II. He created RADAR, a Computer, and put them together to invent RADAR-guided AA guns for Britain to fight off the relentless attacks of the Luftwaffe. I didn't even know this technology exist then. It was all kept secret for obvious reasons.

It turns out that Loomis was a great capitalist for a while, until he got super-rich. Then he turned his interests to non-profit science, using his own money for the common good. He made a capitalist fortune by correctly predicting the crash of 1929. Later, he used his own fortune to develop a science lab where he perfected his inventions. He gave his work to the US and British governments at no personal profit. He helped win the war.
Splendid. He still did that stuff primarily to make himself feel good (which is inherently selfish). I figured I'd turn heads with that one, but I've thought about it quite a bit... People are inherently selfish. They want to see an output from their input. They want some sort of return for their actions. In other words, they want to make themselves happy. Those actions, while benefiting others, were to make himself happy.

Nicola Tesla invented the AC Motor. He didn't care about getting rich. He just wanted the public to have this great advancement. He gave his idea to Thomas Edison. Edison foolishly rejected it, because Edison was a strict capitalist, in it for the money, and Edison had already put a lot of work into selling DC electricity, having wired a few blocks of New York with it. He didn't want to tell his customers that there was now a better way to use electricity. Tesla left Edison and found George Westinghouse, another capitalist. Westinghouse seized Tesla's idea and became rich on it. He paid Tesla a flat fee. Tesla went on to use his money to try to invent wireless power transmission, something that never happened. He never stopped trying to improve the world, not for profit, but because he simply wanted to make advancements.
Because it made himself feel good... He ultimately did it for himself.

Jonas Salk was a doctor who went into research. He was convinced he could create a cure for Polio. He did it, and then gave it away for free, so the world could have it. He could have been fabulously wealthy if he had sold it, but he was happy to make this advancement for society and live his modest life. He had all he wanted already. He was happy.
He didn't value wealth, but that doesn't mean that there wasn't a selfish motivation behind it. He found self gratification in NOT taking the money. He still ultimately did what made HIM feel good.

There you go. Three very great people who did what they did not out of selfishness at all. There was no inherent selfishness involved with any of them. Now, they were all very great people and have achieved notoriety for their accomplishments. Can you imagine how many people are out there quietly giving of themselves for others and for society who are NOT famous? Incalculable. The thought that everybody is motivated by selfishness and greed is just plain wrong.
Is selfishness and greed always a "bad" thing? I don't think so... It can be good sometimes, like in these cases, where other people benefit from it as well...

It's what makes Capitalism so great... People's selfishness and greed end up benefiting others as well...
 
Back
Top