It's the greatest thing in the world. To wake up and have free market. To wake up and make unlimited cash.
)
But (and I say this respectfully... I'm not a troll or contrarian
Where do you draw the line? You say no top 1 or 10%, but where does that line cap? Should we all be equal and "make" the same money?
Lets say you are an insanely successful person who builds a business picking up dog shyt to a multi million dollar company... would you be ok siphoning off 600K a year to other people so that they can have money and not be poor? What is their incentive to work as hard as you did to make your money?
This is why the concept of capitalism can be good, and why the practicality of socialism can be dicey. No one should be living in poverty in America (we 100% agree there) but where do you draw the line between fair and unfair. And fair for whom? Should Jeff Bezos be stripped of all of his excess money to feed everyone else, when he provides and created a very valuable service that millions of people use? Should that drug user dropout in MS get a basic living allowance even though he aspires to be nothing?
Without some form of competition we lose motivation. The carrot has to be there. There needs to be some incentive to do your best, to go to college or get a trade and "make it" for yourself.
It's definitely not a cut and dry answer either way.
So the only thing that can motivate someone to be a productive member of society is the fear of starvation?But (and I say this respectfully... I'm not a troll or contrarian
Where do you draw the line? You say no top 1 or 10%, but where does that line cap? Should we all be equal and "make" the same money?
Lets say you are an insanely successful person who builds a business picking up dog shyt to a multi million dollar company... would you be ok siphoning off 600K a year to other people so that they can have money and not be poor? What is their incentive to work as hard as you did to make your money?
This is why the concept of capitalism can be good, and why the practicality of socialism can be dicey. No one should be living in poverty in America (we 100% agree there) but where do you draw the line between fair and unfair. And fair for whom? Should Jeff Bezos be stripped of all of his excess money to feed everyone else, when he provides and created a very valuable service that millions of people use? Should that drug user dropout in MS get a basic living allowance even though he aspires to be nothing?
Without some form of competition we lose motivation. The carrot has to be there. There needs to be some incentive to do your best, to go to college or get a trade and "make it" for yourself.
It's definitely not a cut and dry answer either way.
