Winterclaw opened this issue on Oct 09, 2008 · 105 posts
bopperthijs posted Sat, 11 October 2008 at 12:59 PM
Kuroyume, I don't care who holds the wealth just so long as they earn it honestly. If one guy makes 10 billion dollars without cheating anyone, good for him. Another thing is that in the US, the poverty level is nearly 10K a year, so even someone who is just at that level is still relatively well off compared to places in africa and asia.
In my opinion it's very hard to makes 10 billion dollars without cheating anyone. The only person I know who achievde that, is J.K. Rowling and she has used magic.
It's not fair to compair US salaries with african or asian salaries, because in africa you don't have to pay US prices for food, electric or houses.
*But if I recall what I heard about Smith's original intentions about capitalism, the goal was to create wealth and then the philanthropists would voluntarialy pass on that wealth to those in need.
*There is an important human property that avoid this miracle to happen, it's called greed. It's the same property that is the primal cause of this financial crises.
That's why every country needs a controlling government who encourages people to be charitative by paying tax.
Bopper.
-How can you improve things when you don't make mistakes?