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To: GraceZ who wrote (24598)	10/17/2004 3:45:54 PM
From: XBrit	Read Replies (2) \| Respond to of 306849

There are a few other countries with policies of wealth redistribution which are far more aggressive than practiced in the USA. Actually, every other advanced country. Those countries are not noticeably collapsing. My view is that unfettered, feral free-market capitalism, as practiced say in Victorian London or in the fantasies of the US right, eventually leads to gigantic inequality of wealth and huge suffering at the lower ends of the scale. Such inequality and suffering ultimately destroys societies.. see "Revolution, French" as a random example. So, on both humane grounds and pure hard-ass political stability ones, I feel the US system is now slightly past the prudent limits of unleashing capitalism. Bush's tax cuts for corporations and the rich have been a strong push in the wrong (to me) direction, and I'll be very happy to see Kerry undoing them come January. Proud Margaret Thatcher supporter in 1979, proud Kerry supporter in 2004. Socialist extremism is bad, Capitalist extremism is bad.

To: GraceZ who wrote (24598)	10/17/2004 4:09:44 PM
From: jrhana	Respond to of 306849

<the war on wealth that ultimately makes everyone poorer, especially the poor.> Amazing how that is ignored deliberately to make political hay. Of course raising taxes hurts the poor most. It also hurts the hardworking productive professional. The billionaires who inherited or (in Kerry's case) married their way into vast wealth can pay their tax lawyers to take advantage of loopholes so they are not at all affected. Hypocrisy, as usual, rules.