BBC and Musk

[carmanmemoranda]

I'm a broken record on the following point because a) it's obvious and b) rightly or wrongly it's also obvious it'll never change. The point ...

We have rich people, we have poor people. We have those with, we have those without. Is it morally right? Possibly not. However it's a multi-faceted situation with lots of reasons why we do (have rich and poor) and if anyone thinks it'll ever change, they're deluded.

It will always be so, and probably rightly so.

But not to extremes, like the recent times.

It can be changed, for the better. Nobody is arguing for everyone to be the same, just less extremes.

The ceo being paid millions whilst his workers need benefits to live on despite working full time is not right.

 

[Notch7]

We don't live in a world where morals and parity are the priority.

We live in a world where most other European economies have far less wealth inequality than the U.K.

The reason we have appalling wealth inequality is because we have weak political system which allows wealthy people to influence policy for vested interests…..yes that happens everywhere, but worse in this country.

 

[Vinty]

Capitalism can generate wealth but there is no law in a capitalist system that says the wealth generated has to be shared fairly.

Maybe thats why rules are needed to ensure some sort of fairness in the distribution of that wealth.

 

[martygturner]

Capitalism can generate wealth but there is no law in a capitalist system that says the wealth generated has to be shared fairly.

Maybe thats why rules are needed to ensure some sort of fairness in the distribution of that wealth.

ooh to be fair capitalism relies on the redistribution of wealth, paupers don't have money to spend....

 

[Notch7]

Do you think there should be wealth equality then? Everyone having the same irrelevant of effort or talent

We’ve been through this before….please avoid strawman arguments

Nobody is suggesting wealth equality.

UK has higher levels of wealth inequality than many Western economies, that needs to be corrected.

UKs wealth inequality keeps rising, that needs reversing.

 

[Notch7]

Capitalism can generate wealth but there is no law in a capitalist system that says the wealth generated has to be shared fairly.

Maybe thats why rules are needed to ensure some sort of fairness in the distribution of that wealth.

Virtually every country in the world has a mixed economy, a mixture of free market and state.

As you say a fairness in the distribution is needed, that stops 12 year olds working in mines or HGV drivers having unlimited hours.

 

[ReganAndCarter]

However it's a multi-faceted situation with lots of reasons why we do (have rich and poor) and if anyone thinks it'll ever change, they're deluded.

Someone once said that if you equally divided all the wealth in the world between the world's population, eventually the people who were wealthy before would end up with most of it again - and the poor would end up poor again.

The poor have always been with us since the beginning of mankind. Trying to engineer wealth equality is stupidity of the highest order. Completely impractical. It would stifle any kind of development and effort that mankind needs to survive and progress. Lefties who bang on about redistributing wealth are just green-eyed excrement stirers.

 

[motorbiking]

Of course you do (along with those less well off than you) : what do you think insurance is?

Insurance

 

[carmanmemoranda]

Someone once said that if you equally divided all the wealth in the world between the world's population, eventually the people who were wealthy before would end up with most of it again - and the poor would end up poor again.

The poor have always been with us since the beginning of mankind. Trying to engineer wealth equality is stupidity of the highest order. Completely impractical. It would stifle any kind of development and effort that mankind needs to survive and progress. Lefties who bang on about redistributing wealth are just green-eyed excrement stirers.

Nobody is asking for wealth equality though.

Why do the rwr pretend the argument is different? Deliberate to just ignore the point, or inability to understand?

 

[JohnD]

Someone once said that if you equally divided all the wealth in the world between the world's population, eventually the people who were wealthy before would end up with most of it again - and the poor would end up poor again.

And did this "someone" produce evidence that, when examined and debated, was accepted as true?

How long did it take the French revolution to unravel?

How would the Duke of Westminster regain ownership of much of Central London and other parts of the UK?

Hard work, perhaps?

 

[Brigadier]

Insurance

i. e. a scheme where a group of people pay in, so as not to have to stump up the full cost should they need to claim.

Subsidising others.

 

[denso13]

Trying to engineer wealth equality is stupidity of the highest order.

Of course it is, hence why no one is arguing for it.

 

[Notch7]

Lefties who bang on about redistributing wealth are just green-eyed excrement stirers.

Ive never heard of any lefty suggesting that

what people want it a fair wealth distribution, where ordinary working people can afford enough to live on what they earn.

we seem to live in a country where millions of people need tax credits to live -thats not right, thats just subsidising their employers

 

[JohnD]

Nobody is asking for wealth equality though.

Why do the rwr pretend the argument is different? Deliberate to just ignore the point, or inability to understand?

They construct a false strawman to contradict.

 

[aveatry]

Its just anyone who is not a lefty millionaire, lefty millionaires get a free pass like the eco con man vince. Or the champagne socialists on here who shout needing to distribute wealth whilst sitting in a 1m+ house in a little village, they dont seem to want to distribute their wealth so much.