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Would the Rich be rich again in 10 years, and the poor, poor again if we redistributed?
If tomorrow morning, all of the wealth was evenly distributed equally among every legal citizen 18 and over in the United states...... In 10 years... would those rich people who gave up the most be rich again, and the poor who received the most, back to being poor again?
I think it would end up right where we are now, probably in a lot less then 5 years. The rich are rich because they are smart with money and know what to do with it and make better choises. Then the poor would I assume blow it all in a matter of a couple of years, without thinking about the future.
What do you think?
14 Answers
- 8 years agoFavorite Answer
Yep......
Why??? because redistribution doesnt "build" a damn thing....
- 4 years ago
before everything, that total concept is evil. The compelled "redistribution of wealth" is purely a fancy observe for theft. it isn't any distinctive than a offender putting a gun on your face and stressful which you redistribute your wealth to him. even nevertheless, i will indulge your hypothetical. enable's say there became some magic wand that became waved and all wealth became gently distributed. the end result could be that each little thing could substitute into choppy returned in the present day. in certainty that anybody is unequal. There are purely some ideas surgeons, there are literally hundreds of stripling burger-flippers. they are able to by no skill be paid the comparable salary, that is elementary supply and demand. some human beings will artwork hard, some won't. some human beings will positioned money into education, some won't. some human beings have organic abilities, some do no longer. anybody isn't now, and should not be equivalent. settle for certainty.
- ?Lv 78 years ago
Redistributing it in such a way would likely do a lot of damage.
"The rich are rich because they are smart with money and know what to do with it and make better choises." - Actually, a lot of rich people get rich by buying off politicians to do favors for them.
"Then the poor would I assume blow it all in a matter of a couple of years, without thinking about the future." - Not all poor people are poor because of money management. Most people are born poor, and can't make much of themselves because they never get the finances. Quite judgmental of you.
- Socrates2Lv 58 years ago
Xia, sadly you fail to define "wealth," which is critical to your hypothetical.
If the "means of production," i.e. mines, factories, foundries, shipyards, forests, agri-biz land, oil fields, refineries, railroads, airlines, shipping, etc., were to belong to the workers who would enjoy not only living wage-plus salaries & profit-sharing but outstanding-European-like universal medical care, one month's paid vacations, tuition-free university and texts, I doubt that Reagan-like upward re-distribution would ever happen again. Workers would be content, more secure in the knowledge that their kids could rise to management and less of a blue collar lifestyle.
As it is, post-Reagan/Clinton, by government fiat, we have had imposed a class-stratified worldview where the sole solace for the oppressed and exploited, bereft of healthy living conditions, nutritious food, and with costly private insurance premiums, prohibitive college tuition, etc., who have lost all hope for a better life for themselves and their offspring is to live a life that is nasty, brutish and short...
With that weltanschauung folks turn to drinking, drugs, cheap consumer commodity consumption, cheap entertainment and violence. The rapidly and hopelessly dying have no time for "deferred gratification."
The lucky few who have not experienced the shrinking opportunities for upward mobility get on their sanctimonious, self-righteous high horse and blame the poor for their plight. As if the diminished buying power of the dollar, the deportation of wage-slave jobs to Third World countries to maximize multinationalist profits, the banking industry recklessness, Wall Street fraud and sky-rocketing college fees were the doing of the poor! Talk about blaming the victim. Sounds like an elitist talking point to me. Recall, a person's social standing determines his consciousness, and not the other way around.
The gloating folks need a refresher on their Macro-economics 101.
Be well.
Source(s): The Age of Uncertainty, by John K. Galbraith; Behind the Veil of Economics, by Robert Heibroner - How do you think about the answers? You can sign in to vote the answer.
- DcntamcnLv 68 years ago
You're basically right about that, in a static economy. But in reality, if all the money were taken from the rich, they would not wait around for it to happen again....they would leave for a non-socialist system and not return, leaving behind a third world country without productive people.
- ?Lv 48 years ago
You are probably poor. Because you are constantly whining about the state of affairs, how poor people are dragging you down and fishing for allies as you do so. Nobdy ever got rich doing that. I believe you to be perpetrator as well and I don't beleive you are Asian. You are more like Ann Coulter
- ms mannersLv 78 years ago
Someone would be rich and someone would be poor, because that is the natural state of human society.
Most likely it would be the same people, but who knows?
- Par 4Lv 78 years ago
There's one thing that makes rich people rich and poor people poor; work ethic
Some people don't have it. They complain that the government doesn't give them enough handouts.
- Anonymous8 years ago
Another person who wants human nature at its current state.
- Anonymous8 years ago
Of course, if the economic system remains the same.