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Old 09-25-2012, 09:45 AM   #11
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Default Re: Income Inequality Is Worse Now Than It Was During Slavery

Whats the big deal? This is normal for a free capitalistic society.

If I go to a crap table and bet 10$ a roll and a guy beside me bets a 100$ a roll and we win ten rolls in a row. Your going to show "income inequality".
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Old 09-25-2012, 12:45 PM   #12
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Default Re: Income Inequality Is Worse Now Than It Was During Slavery

Quote:
Originally Posted by The Brandon Five View Post
I'll bet. I think the closing statement gives lie to the premise of the thread title, no? That growth in inequality was likely a direct result of the growth of the slave population in the South.

As the article states, free states (North) had lower inequality. How do those figures show that inequality was lower under slavery?

This predated big corporations, so I can see how the differences were less extreme then. As I have said elsewhere, big corporations and big government exacerbate inequality. We need to level the playing field so that more small and medium-sized businesses can compete. The big company/lobbyist/bureaucrat nexus is killing our competitiveness and social cohesion.

I'm with PatriotsReign: get rid of public companies.
Wow....never thought you'd agree with me on that one. But what do I know about B5?

The public corp model is wrong on so many levels. Especially if we start with the fact that we allow them to exist because they benefit society....or do they? Because if they harm our society, why should we allow them (under the public corp model) to exist?

After all, that is what a democracy is all about....for the better good of society. I honestly don't believe the model is good for the businesses themselves. At some point, we're going to be left with a few very powerful corporations and few choices for consumers.

Anyway, you agreeing is a pleasant surprise.
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Old 09-25-2012, 01:04 PM   #13
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Default Re: Income Inequality Is Worse Now Than It Was During Slavery

People need to consider that in the 17 & 1800's there wasn't a welfare state, easy credit, a fiat currency, massive federal government, big corporations, employee unions, EPA, regulatory xyz, MIC, complex tax code, etc. It was an entirely different world compared to now. Sheer mathematics will always point to a growing gap from the highest to lowest earners. Consider that the starting point will always be, and always has been ZERO. That will never change. From that point the only way is up. We've gone from millionaires to billionaires, and some time in the future we will undoubtedly have our first trillionaire. All the while the base point will still be ZERO.

The real issue isn't the disaparity between rich and poor, as you will always have both. The issue to me is the condition, or prospects, of the largest group which rests in the middle. That's where the focus should be. To me, larger government, the welfare state both corporate and social, and foolish monetary policy are what hurt that group most.
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Old 09-25-2012, 07:04 PM   #14
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Default Re: Income Inequality Is Worse Now Than It Was During Slavery

1860 and 2010 miss the dates I'd really want to see; 1880 and 1950.
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Old 09-26-2012, 05:35 AM   #15
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Default Re: Income Inequality Is Worse Now Than It Was During Slavery

The more intelligent, creative, educated and hard-working one is, the more you're rewarded.

Hey everyone....guess what? We're NOT supposed to have income equality in America.

Bet some of you forgot, huh?

If you make tons more than me, good for you! If you make way less than me, you don't have my sympathy...it is what it is.
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