Padawanbater2
Well-Known Member
I'm not advocating socialism. I'm opposing crony capitalism.The problem ingrained in any idea of socialism is that the wealthy have enough money to make sure they aren't affected.
The real issue, even with the source you posted OP is that, that distribution is not a Guassian or "normal" distribution. Furthermore, it does not take into account the 20 or so outliers that each have a total wealth of 20b+, and together they have 600b+. Just the top 2, Bill Gates and Warren Buffet, have a cumulative wealth of >120b... My first point being, if you were to remove those clear outliers from the sample population, the distribution looks much more equal; there is a drastic difference from the top 20 to the top 100. The 100th might be worth MAYBE 5-10% of #20. And it gets even worse as you continue down the list; so much so, that individuals make 250k a year, are classified with individuals making 200million+ a year.
Anyone who even has a basic understanding of statistics can comprehend that the distribution is very "untelling". It's like the example they use in textbooks where a Community college can claim their average "post salary" of their 10k students is 60k, instead of the actual 25k, because they had 1 individual who made the NBA and makes 10mill/year. Remove that 1 individual, and you get a sample that ACTUALLY represents the reality.
When any type of socialism is enacted in a corrupt society where the extremely wealthy control the power of govt and law making, the 250k gets screwed, and the 200+million guy gets a payday.
If you really want to level the playing field in terms of redistributing wealth, that 250k guy SHOULD NOT BE TOUCHED. The more poor, the greater the relative % you should receive, and the top 100 or so would be the ONLY ones being taken from. The basic issue is that individuals, and their fortunes, are treated as a single unit, and not as an entity that can be broken up into many units. Furthermore, as is clear, it is inherent that socialism IS NOT FAIR. So what justifies taking from those top 100 or so, after they have already amassed their piles of wealth? If you really want to fix the problem, it should be done before, or while they are accumulating their profits. We normally do that in the form of taxes, however there are loopholes used by the extremely rich to bypass said taxes. In conclusion, if you want to redistribute wealth, you need to fix the tax evasion methods used by the extremely rich (top 20), with harsh penalties.
Socialism fails miserably as soon as you start taking from the 250k guy (making 1000x+ less than the top 20); classifying the 250k guy with the 20b guys is laughable.
Free market capitalism would work, but that isn't what we have.