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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (237751)6/18/2005 12:03:12 PM
From: TigerPaw  Read Replies (2) | Respond to of 1571886
 
Having the government take more and more wealth away from the wealthy isn't the part to stability but rather to economic disruption and sometimes economic catastrophe.

Is there any theory to back that up? or is it just a gut feeling?

TP



To: TimF who wrote (237751)6/18/2005 2:10:15 PM
From: tejek  Read Replies (2) | Respond to of 1571886
 
Having the government take more and more wealth away from the wealthy isn't the part to stability but rather to economic disruption and sometimes economic catastrophe.

I have never seen that happen. Actually, I don't think its ever happened in this world. The wealthy always tend to get wealthier at the expense of the poor. The only difference is that in some countries, the process is more pronounced than in others. Where the process is excessive, revolutions, instigated by the poor, tend to follow. For a long time, the US was one of those countries that had a better distribution of its resources among its various classes. That is changing and it does not bode well for its future.

ted