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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (364277)	12/24/2007 10:54:49 AM
From: tejek	Read Replies (2) of 1575720

>I never said the pie was limited. All I am saying is that the rich are taking more than their fair share. Except, of course, the pie IS limited. That's the point (and basically the definition) of the study of economics. I think that's one school of thought but I firmly disagree. I happen to believe philosophically and practically that as the population grows, as new ideas and inventions are fomented and developed, and as new investments from gov't and private firms occur, that pie continues to grow. I think the problem we are seeing now and have seen at other times in our history is that rate at which the wealth of the richest 1-5% is growing is higher than any other segment of the population. Hence, their share of the pie is growing at the expense of the other segments. Their greediness is throwing things out of balance and needs to stop. I believe that when that balance is disturbed to the extreme, that is when revolutions occur.

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