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by grasshopperpurp 2955 days ago
>There should be absolutely nothing wrong with people deciding that they do not wish to handover any more of their wealth. If your opinion is that the "system" is the culprit and these people are being squashed by bad laws, policies, etc., the proper recourse is not to legally rob others to help those people - the solution is to fix the bad laws and policies that may benefit the rich unfairly.

How do we fix bad laws when the wealthy are paying good money for those bad laws?

>Every piece of the pie picked up by the 0.1 percent, in relative terms, had to come from the people below. But not everyone in the 99.9 percent gave up a slice. Only those in the bottom 90 percent did. At their peak, in the mid-1980s, people in this group held 35 percent of the nation’s wealth. Three decades later that had fallen 12 points—exactly as much as the wealth of the 0.1 percent rose.

https://www.theatlantic.com/magazine/archive/2018/06/the-bir...

http://blogs.lse.ac.uk/politicsandpolicy/without-the-right-p...

https://www.theatlantic.com/business/archive/2018/01/amazon-...

2 comments

"How do we fix bad laws when the wealthy are paying good money for those bad laws?"

The wealthy only account for a small percentage of the overall population. It is very easy to change the law if and only if people care enough to do so. But they don't. Because that involves work like protesting, writing to representatives, organizing community events, and maybe recalling mayors of congressional reps with votes of no confidence. They'd rather pretend to be outraged on Twitter, so that they don't have to actually do anything and instead watch Dance Moms or binge watch Netflix.

The fix is simple conceptually, but it is society's collective refusal to demand that laws be changed or for existing laws that are being broken to be enforced. If society really, truly wanted to fix the whole "paying good money for those bad laws" issue, it could do so relatively easily. But it's much easier for people to pretend it's not that big of a problem since things are relatively stable and people have what they need for the most part. Why rock the boat, right?

The problem isn't just the wealthy - it's all of us in our refusal to demand the law be enforced, as-written, without exceptions given based on wealth or size of the company/organization. Why was Wells Fargo, for example, allowed to just pay a fine for millions of fake accounts that were created which ripped people off? Those are clear cut felonies. If I opened a small, local bank and did that I'd be rotting in Federal prison right now, guaranteed. The only reason the employees that engaged in this and/or the Wells Fargo executives are not in jail is because society didn't demand the DoJ do it's damn job and indict them at the individual level. Hell, society at large didn't even withdraw their funds in bulk. Why would any retail customer hold deposits with an institution like that when this is a proven, admitted fraud, and was well-publicized? That's the real question. And it's the heart of the matter. And that's just one outrageous scam upon the people that comes to mind. There are many more.

>he wealthy only account for a small percentage of the overall population. It is very easy to change the law if and only if people care enough to do so. But they don't. Because that involves work like protesting, writing to representatives, organizing community events, and maybe recalling mayors of congressional reps with votes of no confidence. They'd rather pretend to be outraged on Twitter, so that they don't have to actually do anything and instead watch Dance Moms or binge watch Netflix.

I like the idea, but that's not how it works. We don't even have mandatory time off for voting, and not all states have mail-in ballots. People in the US work way too much for the average person to set aside time to understand complex issues. For those with an interest, sure, they'll set aside the time. But, the blue-collar worker from the Rust Belt can be easily tricked into thinking freeloaders, immigrants, and colored people are the reason they're poor, and that's a very basic, obvious issue. Combine that with the attack on the educational system (some Southern states have/are trying to remove Slavery from the Civil War portions of textbooks), and you have America - an ignorant, confused, disinterested public. The time spent on mindless activities (imo) indicates a level of tiredness. It's sad, and people should do better, but when we know they won't under these conditions, it's time to look at the conditions.

>I’ll let the researchers speak for themselves: “The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence.”

>Main Street alone does not matter. Nor do interest groups that purport to support the general welfare. The data show that politicians cater to rich people and groups organized to advance their own narrow interests. Worse still, those interest groups tend to lobby for positions that are “negatively related to the preferences of average citizens.”

>Again, I quote: “In the United States, our findings indicate, the majority does not rule — at least not in the causal sense of actually determining policy outcomes. When a majority of citizens disagrees with economic elites and/or with organized interests, they generally lose. Moreover, because of the strong status quo bias built into the U.S. political system, even when fairly large majorities of Americans favor policy change, they generally do not get it.”

https://www.usnews.com/opinion/blogs/charles-wheelan/2014/04...

>The problem isn't just the wealthy - it's all of us in our refusal to demand the law be enforced, as-written, without exceptions given based on wealth or size of the company/organization. Why was Wells Fargo, for example, allowed to just pay a fine for millions of fake accounts that were created which ripped people off? Those are clear cut felonies.

I agree, but how many politicians do you think Wells Fargo owns? The average person doesn't matter to those politicians. The money and perks do. Also, again, people don't have the time/energy to hold these people accountable. Manipulation by the media also contributes to this - outrage fatigue, etc..

>And that's just one outrageous scam upon the people that comes to mind.

There are too many to keep track of. I appreciate the well-thought response. I think you're basically right in theory, but, in practice, I think you're expecting too much of the average person.

Yes, I probably am expecting too much from my fellow countrymen. And that's the issue. I think what we can most likely both agree on, after reading our back and forth, is that the issues you raised are more of the symptom of the illness rather than the actual problem itself. You said yourself the public is ignorant, confused, and disinterested. That's the crux of it. Their lack of concern has led to the current situation and we, as a society, are 100% responsible for our malfeasance/mismanagement. The people who have been able to profit from it are just taking advantage of our collective lack of vigilance.
> Every piece of the pie picked up by the 0.1 percent, in relative terms, had to come from the people below.

Economics is not a zero-sum game.