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Politics : View from the Center and Left

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To: Mary Cluney who wrote (7999)12/27/2005 4:12:51 PM
From: TimF  Read Replies (1) of 542962
 
But, at a certain point the ability to obtain more material wealth becomes meaningless

In a modern complex society if that level exists its very high. And achieving greater wealth is not just for personal consumption but for security of your offspring, for donating to charity or political causes, for starting up new businesses that develop new products and employee more people.

Also even if someone is just using the wealth for personal consumption I think the result of allowing that personal consumption is much better then the result of forbidding it. Forbidding it or limiting it does reduce the incentive to produce and to take risks at least for some, and if the restrictions are strong for many.

Even if this wasn't the case I would have a hard time justifying the limits. You talk about "where we draw the line". I respond by asking; what right do "we" have to "draw the line"?

Tim
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