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by Mimick 3886 days ago
It's fine for some to own nothing in order to have bigger economy on the whole world? Who are we competing with Mars? What a billionaire need more than billion for anything?

You comment just funny since it's the perfect billionaire's first world problem.

2 comments

Who are you to decide who needs what?
The majority of citizens in a democracy decide what the economic rules are.
The majority of citizens in a democracy are fooled into thinking they have any influence in their government's decisions:

"Multivariate analysis indicates that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while average citizens and mass-based interest groups have little or no independent influence. The results provide substantial support for theories of Economic-Elite Domination and for theories of Biased Pluralism, but not for theories of Majoritarian Electoral Democracy or Majoritarian Pluralism."

http://scholar.princeton.edu/sites/default/files/mgilens/fil...

The US Constitution has been designed to minimise the effect of majority rule. It often takes a hyper majority to get populist laws enacted. The resistance is the strongest in the Senate.
You say democracy, I say "mob rule".
Lots of countries to pick from if you don't like how yours is governed. Vote with your feet if you want to leave, or with your time if you want to stay and change the system. I vote with my time and (more so) my dollars.
That is a theory, in reality media tell people what to decide and people thoughtlessly obey.
The point is that we should all be deciding what we all need.

To your point, who are the very wealthy to decide who needs what all on their lonesome?

> The point is that we should all be deciding what we all need.

Gently, there. There's a big difference in practical outcome between "we've all decided that we need fairer rules" and "we've all decided that we need your stuff".

That's part of why the US isn't actually a democracy. There is wisdom in limiting people's ability to "decide what we all need".

I just decided you don't need your car. Could you have it boxed up and shipped over to me? Thanks.
I asked, not decided. And everyone on the world have a tiny of a right to decide.
I'm all for less inequality but putting in artificial caps doesn't do any good either.