Read The Forum Rules: We have a clear set of rules to keep the forum running smoothly. Click here to review them.

Post Reply 
Global wealth inequality- 62 people are now as wealthy as world's 3,6 billion poorest
Author Message
Foolsgo1d Offline
Peacock
******

Posts: 7,040
Joined: Apr 2014
Reputation: 27
Post: #36
RE: Global wealth inequality- 62 people are now as wealthy as world's 3,6 billion poorest
(01-21-2016 11:56 AM)Quintus Curtius Wrote:  The reason why this is important, and the reason why we should care, is because excessive concentrations of wealth in a society destabilize that society.

It threatens republican democratic institutions by producing plutocratic oligarchies, rather than governments which are run with the interests of the public at heart.

I discussed this issue here:

http://www.returnofkings.com/32017/the-c...tal-wealth

That is why we should care.

It directly magnifies poverty, greed, injustice, and a host of other evils. It reduces the role of the public to that of a passive spectator, subject to the whims of the ruling caste.

It destroys the middle class and transforms society into something resembling the worst Third World tyranny.

Of course there are always going to be haves and have-nots. No one doubts this. But it is a matter of degree. America in 1960 was far more equitably configured in terms of wealth distribution.

Now, things are simply ridiculous.

If peaceful ways can't be found to ensure some measure of equity in these matters, then the result will be political instability, social unrest, and in extreme cases, civil war and dictatorship.

I agree. Look at Soros, the Saudi family and their ilk or NGOs.

The check for these people is violent revolution either by the people or other rich and powerful people using the plebs to usher in a new era.

Every country or empire has at one stage taken its ruling elite and chopped their heads off, hung or burned them. Today is no different.
01-21-2016 05:43 PM
Find all posts by this user Like Post Quote this message in a reply
Post Reply 


Messages In This Thread
RE: - zero1 - 01-21-2016, 07:33 PM
! - DjembaDjemba - 01-21-2016, 12:11 PM
RE: Global wealth inequality- 62 people are now as wealthy as world's 3,6 billion poorest - Foolsgo1d - 01-21-2016 05:43 PM
RE: Global wealth inequality - poutsara - 01-21-2016, 11:24 PM

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | RooshV.com | Return to Top | Return to Content | Mobile Version | RSS Syndication