The elephant in the room is why governments need more money: old age benefits like social security. I fear that taxing wealth will just be a tax on future investment while funnelling that wealth to the elderly. Already, folks are pushing to make the key asset owned by the old - housing - free from property taxes (if you're over 60, naturally)[1] which will only push housing prices up and drive more budget deficits th…
Life During Class Wartime
21–30 of 263 posts
Re: Life During Class Wartime
#22Earlier quoted context omitted.
Extreme power inequality seems to be the default state of human society. Power concentrates until it's maximally concentrated, then stays there. Power shakeups seem to usually replace one group of elites with another group of smaller or the same size. Exceptions to this rule come about for specific reasons. Before the industrial revolution, there just wasn't that much power to go around. Everyone was working their la…
I don't know why you're down voted. Perhaps the observation that inequality is often and the noble savage utopian dream of "all pigs are equal" is not the norm is too a bitter pill to swallow
Not that above commentator is meaning that.
But many "thought leaders" i.e. Jordan Petersen play around with similar motte-and-bailey - "hierarchies are natural" (examples with lobsters, apes, whatever) --> "existing hierarchies should be preserved" (not defended in the argument but implied).
Probably some downvoters are reacting to the structural similarity, although taken in good faith i think above commenter makes a fine point about the historical pattern of periods of equality being short lived and brought about by great intentional effort while sliding back to inequality seems to occur all of the time.
Re: Life During Class Wartime
#23Earlier quoted context omitted.
In the west, the prevalent idea is that socialism/communism lost and that there is nothing beyond capitalism. This is it, we will forever live in a social-democracy state. I wonder who promotes this idea.
> In the west, the prevalent idea is that socialism/communism lost and that there is nothing beyond capitalism. It didn't just "lose", it killed millions of its own people in the process. Having been born in a communist state, I'd rather clean toilets in American than do anything else in the USSR. Edit: It's basically impossible to communicate the day-to-day misery and deprivation of late stage Communism without soun…
Re: Life During Class Wartime
#24Earlier quoted context omitted.
In the west, the prevalent idea is that socialism/communism lost and that there is nothing beyond capitalism. This is it, we will forever live in a social-democracy state. I wonder who promotes this idea.
> In the west, the prevalent idea is that socialism/communism lost and that there is nothing beyond capitalism. It didn't just "lose", it killed millions of its own people in the process. Having been born in a communist state, I'd rather clean toilets in American than do anything else in the USSR. Edit: It's basically impossible to communicate the day-to-day misery and deprivation of late stage Communism without soun…
Re: Life During Class Wartime
#25Earlier quoted context omitted.
> In the west, the prevalent idea is that socialism/communism lost and that there is nothing beyond capitalism. It didn't just "lose", it killed millions of its own people in the process. Having been born in a communist state, I'd rather clean toilets in American than do anything else in the USSR. Edit: It's basically impossible to communicate the day-to-day misery and deprivation of late stage Communism without soun…
What about all the places where that didn't happen? E.g. the Nordic countries where social democracy has been extremely successful.
Re: Life During Class Wartime
#26Re: Life During Class Wartime
#27I'm very surprised that Tim Bray isn't part of the richest 0.1%.
Re: Life During Class Wartime
#28Yeah I'm glad somebody's talking about it. Wealth inequality seems like it will be THE defining issue of our lives (accelerated drastically by AI). I think there are many practical ways to solve it, and would love to see more proposals out there. Instead I tend to see nihilism or division.
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Re: Life During Class Wartime
#29Earlier quoted context omitted.
And then?
Not to condone the violence OP is calling for, but we have very recent examples of what happens when somebody does this. The factual answer to your question is: „for a limited time, rejections rates by health insurance companies plummets“
Re: Life During Class Wartime
#30Regarding the IMF report, is it actually harder to hide wealth than income, or is it that there are so few global taxes on wealth that nobody's currently bothering to hide it? It seems like income, being a continuous series of transactions, would be the more difficult of the two.
Likelt has to do with not having any property or wealth taxes, but having modest incone taxes that were rigorosly collected