🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

1 total messages Started by testa-j%OSU-20 Tue, 20 Jan 1987 05:44
Wealth
#548
Author: testa-j%OSU-20
Date: Tue, 20 Jan 1987 05:44
37 lines
2197 bytes
"Keith F. Lynch" <KFL%MX.LCS.MIT.EDU@MC.LCS.MIT.EDU> writes:

>[The government] should serve everyone, but only to the extent of
>preventing individual rights from being violated.  It should not and
>cannot be involved with protecting people from their own economic
>misjudgements, or with redistributing wealth, or trying to compensate
>for the inequalities of past generations.
>...
>It should
>be evident even to socialists and the feeble-minded that if people 
>who

Then you admit that not all socialists are feeble-minded? :-)

>worked are taxed to pay people who don't work, that the net amount of
>wealth has not increased.  Poverty is conserved.


I agree that simply taking from the rich and giving to the poor does
not increase wealth; however it does change the amount of poverty
(please note that i am not advocating such a simple approach).  If
wealth were completely redistributed equally, then either everyone or
noone would be in poverty, by definition!  Thus it cannot be a
conserved quantity!  (Keith, you should have applied a little of your
basic physics reasoning here :-) .)  That is, unless you consider a
rich person to be in a state of "negative poverty", but i have never
heard of this usage before.

It has also been argued by you and/or other libertarians that
government should not be involved in public education.  But does not
using tax money to educate those who could not otherwise afford an
education *increase* wealth by making more people capable of producing
useful things/services/etc?

                                        ~joe testa~
-------
-------
Thread Navigation

This is a paginated view of messages in the thread with full content displayed inline.

Messages are displayed in chronological order, with the original post highlighted in green.

Use pagination controls to navigate through all messages in large threads.

Back to All Threads