General Discussion
In reply to the discussion: OK, I will say it… Rich motherfuckers don't deserve any more god damned money [View all]TreasonousBastard
(43,049 posts)this is in a way the natural order of things as they are.
Once, we had kings who owned it all and the rest of us were chattel. Now, it's a little better but with free enterprise there will always be a few with the will and ability to take over. Why and how does one guy with a hardware store live and die with one or two stores and another guy turn his into Tru-Value? With mail-order catalogs being over a hundred years old and internet shopping around for years, how did Amazon suddenly pop up as if they invented something new?
Aside from that, there are still a few sheiks and sultans who legally own the nation's wealth, and there are plenty of dictators and oligarchs who stole theirs. Europe and Japan are sorta working on letting things not get too out of hand, but the rest of the world just lets the money pile up, whether it's legal money or not.
Anyway, the question now is what do we do about it? If Congress had either balls or decency it would raise taxes, particularly inheritance and investment taxes, and get down to legally redistributing at least some of the wealth. But, aside from that not happening any time soon, are we going to depose the Saudi royal family or invade Mexico to get Carlos Slim's money?