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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (51078)6/8/2009 1:56:27 AM
From: elmatador  Respond to of 219567
 
I never said capital should be shared. It can be only owned, by the ones who acquired it.

Capital surely can be hogged, and was hogged. See Japanese Imperial Palace worth more than the state of California, late 80s.

It would be silly to have notions of capital-sharing. But the notion of capital hogging is one of the most important notion to understand and grasp what is happening today.



To: Elroy Jetson who wrote (51078)6/8/2009 2:04:00 AM
From: elmatador  Respond to of 219567
 
Men are all different. Wealth is earned unequally. Therefore is impossible to have egalitarian societies without having distortions.

The US returns to its natural size will be less dramatically than Europe since Europe has to trash its social-democracies. And that is ingrained into the fabric of the society.

Europe social-democracy -it was put in place to diminish the appeal of communism last century- was even exported to the former communist countries and those Eastern Europeans will suffer because of that choice they've naively made.