from hubzilla
EP89: How Capitalism Optimizes Redistribution of Wealth - Gracearchy with Jim Babka
Sharing Increases More With Capitalism - Not Under Socialism
Will the haters come out for this 19-minute episode?
Most people don't understand free-market capitalism. Even some of its defenders believe it's driven primarily by greed.
The opponents of capitalism think greed is sufficient reason to compel people to share. They call that socialism or redistribution.
In this episode, titled "How Capitalism Optimizes Redistribution of Wealth," we explain that...
- Socialism is not sharing.
- People want to share.
- Investors are engaged in a form of sharing.
- We "eat the rich"! That is, we directly benefit from wealth inequality.
Plus, "tax-the-rich" advocates don't really address greed by others; they're engaged in ENVY themselves. This envy costs you and me. That's why...
I have a killer question that exposes ENVY. You'll want to have this question in your pocket.
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