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frizzled

(509 posts)

34. Because infinitely wealthy people will always buy the political system.

Thu Jan 28, 2016, 03:47 PM

Jan 2016

Wealth causes corruption.

Money is power, so allowing some people to be millions of times richer than others is an economic dictatorship.

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Maximum wage [View all] justaddh2o Jan 2016 OP

No, it's not out there. elleng Jan 2016 #1

Why do you think that is? justaddh2o Jan 2016 #26

I believe that there ought to be a maximum wage. SheilaT Jan 2016 #2

I don't think there should be a maximum wage Major Nikon Jan 2016 #4

Yep, and/or an annual 5% WEALTH tax on every nickel hifiguy Jan 2016 #8

Okay, I'll go along with that. SheilaT Jan 2016 #12

Ah here is where a little historical knowledge helps nadinbrzezinski Jan 2016 #3

In that era land meant money. hifiguy Jan 2016 #9

I know, and this is how they kept the wages down nadinbrzezinski Jan 2016 #11

Excellent point justaddh2o Jan 2016 #13

Climate change will (imo is starting already) bring the system crashing down nadinbrzezinski Jan 2016 #15

The Big Short justaddh2o Jan 2016 #21

The activity that human civilization allows isn't compatible with the environment The2ndWheel Jan 2016 #25

I don't think we should have a maximum wage... one_voice Jan 2016 #5

Ridiculous concept. Nye Bevan Jan 2016 #6

Yes, excellent point as well justaddh2o Jan 2016 #16

I believe in a regulated version of capitalism, but a maximum wage is something I don't believe in Victor_c3 Jan 2016 #7

How would you govern it? jmowreader Jan 2016 #10

Poor? justaddh2o Jan 2016 #14

I just read your post. Oh god. jmowreader Jan 2016 #19

I don't want to improve the lot of the poor... justaddh2o Jan 2016 #20

There should be no limits on the amount you can "have" jmowreader Jan 2016 #32

Some thoughts justaddh2o Jan 2016 #55

In essence, we used to have one.... Wounded Bear Jan 2016 #17

1950s tax rates justaddh2o Jan 2016 #23

Wait a minute... Wounded Bear Jan 2016 #28

Kennedy championed a "perfect storm" tax cut jmowreader Jan 2016 #37

Okay justaddh2o Jan 2016 #56

I understand... Wounded Bear Jan 2016 #57

We used to have something close WhaTHellsgoingonhere Jan 2016 #18

Yeah, see my post #28 Wounded Bear Jan 2016 #30

That would be like capping human progress The2ndWheel Jan 2016 #22

Floor but no ceiling justaddh2o Jan 2016 #24

Humans don't do well with limits The2ndWheel Jan 2016 #27

Good idea. We should criminalize greed. frizzled Jan 2016 #29

We should probably criminalize hyperbole, too... Wounded Bear Jan 2016 #31

'the death penalty for spending over $100,000 on a car" EX500rider Jan 2016 #41

Obama's car isn't his, it's State property. frizzled Jan 2016 #47

Ban guns like they are banned in Mexico & Jamaica? EX500rider Jan 2016 #48

Failed states can't effectively ban guns, obviously. frizzled Jan 2016 #50

I know of no country on the planet where criminals can't get guns. EX500rider Jan 2016 #53

If we can take care of the people at the bottom end of the economic spectrum, hughee99 Jan 2016 #33

Because infinitely wealthy people will always buy the political system. frizzled Jan 2016 #34

So flat out wealth redistribution is what you're looking for? hughee99 Jan 2016 #35

Everything is "wealth redistribution". The Republicans want wealth redistribution. frizzled Jan 2016 #36

No, but you CAN limit the hell out of it jmowreader Jan 2016 #38

So you don't think you can stop people from buying influence, but you believe you can hughee99 Jan 2016 #39

Yes. If the infinitely wealthy exist, they will always buy the government and market. frizzled Jan 2016 #40

So then we'd have a underground gangster class of super rich buying the system? EX500rider Jan 2016 #42

It's hard to be an underground gangster if you're in jail. frizzled Jan 2016 #43

Right....'cause no ever hid or laundered money successfully...lol EX500rider Jan 2016 #45

I'm good with that. Let's find out how much influence the Kochs have from San Quentin. frizzled Jan 2016 #46

Kochbros maximum wage... Dont call me Shirley Jan 2016 #44

Nobody should be wealthy enough to buy the political process. hunter Jan 2016 #49

I think it's being discussed quietly as a multiple of the average non executive wage in a company Warpy Jan 2016 #51

My own feeling is: Depends on how you make your money. BlueJazz Jan 2016 #52

I have a thought on this GummyBearz Jan 2016 #54

Actually, that would make a lot of sense. BlueJazz Jan 2016 #58