17-01-2012, 10:30
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#1
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To Fly, To Serve
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Wealth Inequality
The BBC has found that since the 1970s Wealth Inequality has risen sharply, that has caused a lot of problems across the world and is a big issue for all of us all across the world!
http://www.bbc.co.uk/news/business-16545898
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17-01-2012, 10:55
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#2
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Cable Forum Team
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Re: Wealth Inequality
So, it should be the 99.99% doing the occupying against the 0.01%?
I have no issues with the creation of wealth, but I have major issues with the unfair distribution (and I am not proposing sharing everything equally) - it would appear that the very rich have got richer, and the poor have got poorer.
However, in context, this is a very "first world" problem....
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17-01-2012, 11:00
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#3
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cf.mega poser
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Re: Wealth Inequality
Quote:
Originally Posted by Hugh
However, in context, this is a very "first world" problem....
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How so? There's a rapidly developing middle class in emerging economies like China and India, but the majority of the population remains dirt poor. I'm not sure if I would call the decreasing wealth inequality.
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17-01-2012, 11:09
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#4
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cf.mega poster
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Re: Wealth Inequality
Apart from anything else, it the poor reproduce at a disproportionate rate then any increase in their wealth will always be diluted.
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17-01-2012, 12:22
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#5
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To Fly, To Serve
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Re: Wealth Inequality
We all know what happen when Wealth Inequality goes too far... (which is the case now)
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17-01-2012, 12:59
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#6
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Official CF Mafia member
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Re: Wealth Inequality
Quote:
Originally Posted by Alan Fry
We all know what happen when Wealth Inequality goes too far... (which is the case now)
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What? New Labour get elected and make it even worse?....... 
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17-01-2012, 13:38
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#7
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Re: Wealth Inequality
Quote:
Originally Posted by Osem
What? New Labour get elected and make it even worse?....... |
Yes, New Labour and the post-1979 Tories (along with other post-1970s governments) have made Inequality worse!
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17-01-2012, 14:10
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#8
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[NTHW] pc clan
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Re: Wealth Inequality
I sometimes feel like certain bleeding hearts won't be happy till the better off amongst us have been taxed to oblivion and we are all paupers and in the same boat....... 
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17-01-2012, 14:13
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#9
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To Fly, To Serve
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Re: Wealth Inequality
Quote:
Originally Posted by Ramrod
I sometimes feel like certain bleeding hearts won't be happy till the better off amongst us have been taxed to oblivion and we are all paupers and in the same boat....... |
No, I just want a better standard of living for all!
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17-01-2012, 14:15
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#10
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Re: Wealth Inequality
Quote:
Originally Posted by Alan Fry
No, I just want a better standard of living for all!
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..........and I'd quite like to see flying pigs.
What you want is to somehow overturn the basic human condition, that has existed for millenia. I agree, it would be nice but so far the only way that anyone has come up with to level the playing field is to simply reduce the wealth of the better off......
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17-01-2012, 14:18
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#11
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cf.mega poser
Join Date: Jun 2003
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Re: Wealth Inequality
Quote:
Originally Posted by Ramrod
..........and I'd quite like to see flying pigs.
What you want is to somehow overturn the basic human condition, that has existed for millenia. I agree, it would be nice but so far the only way that anyone has come up with to level the playing field is to simply reduce the wealth of the better off......
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The stats for the past 30 years suggest otherwise?
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17-01-2012, 14:19
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#12
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To Fly, To Serve
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Re: Wealth Inequality
Quote:
Originally Posted by Ramrod
..........and I'd quite like to see flying pigs.
What you want is to somehow overturn the basic human condition, that has existed for millenia. I agree, it would be nice but so far the only way that anyone has come up with to level the playing field is to simply reduce the wealth of the better off......
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We do need to reduce the wealth of the rich!
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17-01-2012, 14:30
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#13
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Re: Wealth Inequality
Quote:
Originally Posted by Alan Fry
We do need to reduce the wealth of the rich!
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.....and that will incentivise the poorest to earn more?
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17-01-2012, 14:31
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#14
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To Fly, To Serve
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Re: Wealth Inequality
Quote:
Originally Posted by Ramrod
.....and that will incentivise the poorest to earn more?
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No I meant for more people to join unions and demand better wages, which would transfer wealth from the rich to the rest of us!
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17-01-2012, 14:32
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#15
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Re: Wealth Inequality
Quote:
Originally Posted by danielf
The stats for the past 30 years suggest otherwise?
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Thats terrible if it means that the richest 1% are somehow taking money from the poor. Whats probably happening is that the richest are simply earning more relative to the poorest?
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