This 6-minute youtube clip I just ran across, which discusses a recent article by Bill Clinton's secretary of labour, Robert Reich, summarizes many points I would make that are highly relevant to this thread.
Essentially, currently in the US, many poor people are working very very hard for not much money, while many rich people are inheriting fortunes from their parents without doing anything to earn it. The distribution of wealth is not reflecting effort or contributions or merit. The rich have way more money than they deserve, while the poor have way less than their efforts and productivity merits. In such a situation, the government acting to channel some of the money back from rich people to poor people seems highly warranted.
He notes this statistic from Oxfam: The 85 richest people on earth have as much wealth as the poorest 3.5 billion people on earth combined. I find that horrifying and utterly immoral.
Essentially, currently in the US, many poor people are working very very hard for not much money, while many rich people are inheriting fortunes from their parents without doing anything to earn it. The distribution of wealth is not reflecting effort or contributions or merit. The rich have way more money than they deserve, while the poor have way less than their efforts and productivity merits. In such a situation, the government acting to channel some of the money back from rich people to poor people seems highly warranted.
He notes this statistic from Oxfam: The 85 richest people on earth have as much wealth as the poorest 3.5 billion people on earth combined. I find that horrifying and utterly immoral.
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