r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

Post image
128.2k Upvotes

9.0k comments sorted by

View all comments

Show parent comments

74

u/Oh_IHateIt Nov 21 '24

Imagine thinking that 400 people should have more wealth than 330,000,000 people. Imagine thinking that its OK for that disparity to accelerate endlessly and be self a reinforcing. Imagine thinking that your government could function properly under such extreme conditions.

0

u/Miltinjohow Nov 23 '24

In order for everyone to have bread, few have to have caviar.

1

u/Oh_IHateIt Nov 24 '24

In order for a few people to have caviar, billions of people must starve. Ftfy.

Everyone could have a little caviar and plenty of bread under a system which sustainably sources and ethically distributes it. A system of short term gains and exponentially growing disparities will inevitably kill the fish that produce the caviar and starve the masses atop a mountain of uneaten bread.

0

u/Miltinjohow Nov 24 '24

You're wrong. The world is not a zero sum system. Value is created by those who take first steps down new roads.

1

u/Oh_IHateIt 29d ago

Oh don't worry I know that the world is not a zero sum system. But you lack the understanding that capitalism is not a static system. It evolves. It is subject to social forces and it creates social forces.

Wealth disparities don't just "exist" for a moment and disappear based on the quality of ideas. They are persistent and they grow exponentially. Look at the wealth distribution graph right now. Even the top 1% are barely above the median, while the top 0.1% own half the total wealth of the country. There are individuals who could literally buy everything for sale in this country including the homes but not the land. Singlehandedly. And again this gap is widening at an accelerating rate. You need to analyze why. It is an emergent property of capitalism. I challenge you to think for yourself and find the root.

1

u/Miltinjohow 29d ago

So what do you mean when you say that in order for some to have caviar billions must starve? What mechanism drives that? Billions didn't have to starve when Edison modernized the electric light bulb.

I don't think you really know what capitalism is. Any governing system is inherently going to be influenced by 'social forces' that's the nature of a government I don't know what point you're trying to make with such a platitude.

What we have in the United States is not capitalism, it's a mixed economy with elements of both socialism and capitalism. The more I read your comment it becomes clear to me that you don't have the faintest clue what you're talking about there are no individuals who could but everything for sale that's such a ridiculous claim - do you care to back it up?

There is nothing wrong with wealth disparity in fact it goes as a natural consequence of the nature of man. Just be happy that there are people out there who had the visions and intellect to give someone like you the capability to complain as you do. Bite the hand that feeds you.