concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
socaltownie said:
Slammed at work today so not a ton of BI time now that in the office but I just want to point out that MOST US criticism of billionaires (not all but most) focuses not on a belief that the state is better but that the current crop of billionaires (and the structure of the economy stiffles, not enhances) competition. That again is a criticism heard during the gilded age.
Example?
Amazon third party resellers. Like farmers being squeezed by robber barons these small entrepreneurs are subject to the monopoly pricing of amazon and its "legal" ability to swoop in, after market interest has been established, and price in a predatory fashion. If, after driving out the competition from the platform, it decides that it wants to be the monopoly seller in that space it simply restricts new entrants. That isn't capitalism in a free market sense but the worst of what we saw in the 19th century.
Much like that time I expect a progressive backlash. But that isn't socialism (which, funny, was the charge the robber barons leveled at progressives in the 19th century) but rather a sophsticated understanding that in some markets there is a natural tendency toward monopoly and that the state power isn't to seize assests but to open up markets for more robust private sector competition.
socaltownie said:
Actually the 1% chart is misleading (and derives from what we have good census data on). There is a recent Federal Reserve Bank of St. Louis Paper (I will try to dig for it but you can google as well) that showed it isn't the 1% but the .0001% that really have bee driving the Gini scale (a measure of inequality) through the roof. Robert Riech (sp) has written on this a bunch in recent months.
Really the main parallel for this is the Gilded age. In a lot of ways the factors that drove inequality then (the value of vertical integration, amalgamation effects of railroads) are similar to what is driving inequality now (network effects). You also see parallels in the utter lack of self awareness (when Theil talks about captalism as being the purest form of philanthropy). I think the scary thing is that a mitigating effect of some of the worst things in the gilded age was good old fashioned Protestantism - where Carganie gives away his forturne because that is what good christians do. Not present in the current crop of oligarchs.
I don't disagree with WIAF that actually trying to do this is going to be impossible. Nor do I dispute that especially SEIU and the greed of public sector unions is a big reason for the mess this state is in (greed isn't precisely right, they are simply doing what they are designed to do - push for the interest of their members irrespective of any long term fiscal consequences). But the fact that this is resonating is not just stupidity or avarice - the billionaire class should look at a lot of revolutions in the past and recognize that it isn't abject poverty that drove them (French factory workers were actually experiencing a decent increase in standard of living from what we can tell) but rather a belief that the oligarchs had no concern with the rest of people and had divorced themselves from the social contract.
Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
DiabloWags said:concordtom said:
The giving pledge can be reneged, and I suspect many will do so.
I'm aware.
It is a voluntary pledge.
I was simply pointing it out.
And people like Mackenzie Scott are well on their way having given away $26 Billion already since 2019.
concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
dajo9 said:concordtom said:dajo9 said:concordtom said:
You definitely need the reward system to remain. It drives effort, innovation, production - all of it.
My thought has simply to change the reward structure. Culturally you could have a wall of honor where if you made so much, your wealth could then be used for various social purposes.
Like, rather than individuals continuing to amass more than is needed, ungodly sums, they could give to feed the hungry, to build homeless shelters, to retrain or rehabilitate, to provide needed healthcare.
Instead of being "hated" as you say they become revered and millions being grateful to them for their productivity.
The donors could choose which area they wanted to fund.
You could start either those who voluntarily give: Buffett and gates. Then make it a club that others want to join. Eventually the culture could change.
What do you give someone who has everything? Honor, praise, gratitude.
So many rich complain about taxation. But the state could create something that they might actually strive to have their name on.
Levels of lifetime taxes paid: wall of honor.
Elizabeth Warren plan just wants to take, and those targeted get nothing on the backside.
Warren et al want to demonize those targeted as "not paying their fair share". She's got it all wrong. Don't attack them. Make them want to join the exclusive club.
I disagree with your desire for us to be dependent on billionaire philanthropy.
And nobody is talking about getting rid of the reward system. It's not even part of the discussion.
Having billions of dollars even after paying a wealth tax is plenty of reward.
The entire republican attack on "wealth tax" and redistribution is entirely focused on claims that capitalism (and it's incumbent inherent reward system) is under attack in favor of socialism or communism.
Yes, well Republicans lie. I'm talking to you though , not Republicans.
Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
wifeisafurd said:concordtom said:wifeisafurd said:concordtom said:wifeisafurd said:concordtom said:
Ask Wife his opinion on reining in excess with disparities.
I think the State tax will be ineffective, and hurt CA's economy. I'm not sure it is legal. it is pretty clear from the standpoint of successful people this is the only the beginning with CA dramatically increasing spending despite having huge deficits. There will be more of these taxes and down to lower income or wealth levels. With a State this fiscally irresponsible, and funding political donor causes, such as the trains to nowhere, and not willing to adequately fund more basic government functions like education, there will be more initiatives to pay for these functions, and a declining tax base to pay them from. That is because when wealthy people do leave the State to become tax refugees, they take their business with them over time. First is the higher paid employees as the top level as headquarters move, but ultimately is the core business as well. What Musk did is being repeated. Just look where Spielberg will be doing his work in the future. It no longer is a blue verses red. The biggest beneficiaries of the tax are developers in Nevada, Texas, Florida, etc. and if I was Blue Herron and Four Seasons (residential division), I would be secretly pumping money to support these initiatives. Whey you are in real estate, you can see the trends before the media. As an example, the high end development in Henderson is exploding. There is a long waiting list of Washington tax refugees to get in on the Four Seasons Residences. Both capital and people go where it is best, based on financial decisions, not rhetoric.
As for a wealth tax at the federal level, this has been litigated here for some time. It is not going to happen politically. If the wealth tax did become law, it will found to be unconstitutional, and the process for an amendment likely will be decades. The alternative is increasing income tax rates, but the economically illiterate don't seem to understand that the super-wealthy generally have arranged their affairs to have little taxable income.
If you want to tax wealth in this country, you need to tax assets such as property, toys (e,g., yachts), etc. which typically is done on a state level. I suspect that people sorta shrugged at Dajo's post, but if you understand taxes, that probably is the most effective way to tax the wealthy.
If you look at tax policies they are based on income taxes, and they are designed to achieve political objectives, like incentives to provide for electric cars. That all goes to crap when you impose these broad overall taxes. Newsom probably says this a lot better than me, but the approach on this poorly drafted CA tax proposal is counter-productive. That also is another discussion.
I also question if demonizing and going after successful people will be in the long run good for the country's overall success. But that also is a different discussion.
I'm not sure much debating on this subject is productive. People here have their own views based on rhetoric and narrative, without a much understanding of the economic impacts of taxation.
Thx for your words.
I AM actually interested.
Each time we discuss this you tell me why it wouldn't work and such. And that's all fine.
But I'm asking your opinion on wealth aggregating in the hands of "the successful" as you phrased it.
I'm all for people becoming super rich. (I come from the self made super rich myself.) I'm concerned that this is not a great development for society. As you often point out, it's easy to hide income and keep growing wealth - so long as one pays attention and is not a spendthrift.
But what are the consequences, nationally? Culturally? Economically?
I want to know if you think we should just let natural forces continue, laizze-faire, or if we actively say no to that and actually want to curb natural forces wealth concentration.
I know you'll say, "we already have intervention in that, via the IRS "
But concentration is increasing. Do you care? At which level should the ideal social engineer step in?
I think this is the type of graph I'm interested in. At what % should the various wealth deciles, say, be drawn?
Or, better asked, corralled?
You talking to me? I don't control things.
There is a lot of garbage numbers and economists with an agenda. This may come as a shock, but wealth is concentrated far less right now that other times in the country, and yet here we are all fat and happy, arguing about theoretical matters.
I guess having worked for governments and seen them in action, I don't think they automatically know what they are doing to be interfering whole heartedly in regulating the market beyond the basics of keeping people honest or health and safety regulation. I also agree with the role of the FED. I would point to the present administration in DC as a prime example of not knowing.
Unlike most here, I don't view wealth concentration as inherently evil. It can often reflects successful entrepreneurship, innovation, and value creation within a market economy and made the greater good better, and at the risk of backing evil tech types, I would say that is somewhat accurate today. However, at some point long term concentration can significantly harm economic growth, reduce social mobility, and wealth always distorts the democratic process. Don't ask me things like percentages, I don't know. So far a capitalistic approach has been a long term success in this country and so I lean for less intervention.
Yes, I was talking to you.
And yes, I know you don't control things.
You wroteQuote:
This may come as a shock, but wealth is concentrated far less right now that other times in the country, and yet here we are all fat and happy, arguing about theoretical matters.
I didn't want to side step the topic by pointing out where it ranks historically.
I also didn't want to "argue". I did want to "explore" a topic theoretically. If you are not interested in doing so, that's okay if you decline. But I thought you might be able to participate.
No I debate the theoretical all the time here. Take the wealth tax as an example. I think it dies in the court system, but that doesn't stop me from debating. My concern was you phrased your questions and post like I was supposed to do something about wealth concentration or know the answers. You demanded I come up with a magic number where wealth concentration was not okay. Your tone was accusatory and personal.
concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
Are you saying you are Pro Violence and Pro Destruction as a means towards ProGress?
Or simply that it's an axiom of truth. Like, the only path forward is via death and demolition?
I'm not trying to put words in your mouth, just trying to understand you.
By the way, I disagree with either take, so perhaps you have something else in mind.
Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
concordtom said:dajo9 said:concordtom said:dajo9 said:concordtom said:
You definitely need the reward system to remain. It drives effort, innovation, production - all of it.
My thought has simply to change the reward structure. Culturally you could have a wall of honor where if you made so much, your wealth could then be used for various social purposes.
Like, rather than individuals continuing to amass more than is needed, ungodly sums, they could give to feed the hungry, to build homeless shelters, to retrain or rehabilitate, to provide needed healthcare.
Instead of being "hated" as you say they become revered and millions being grateful to them for their productivity.
The donors could choose which area they wanted to fund.
You could start either those who voluntarily give: Buffett and gates. Then make it a club that others want to join. Eventually the culture could change.
What do you give someone who has everything? Honor, praise, gratitude.
So many rich complain about taxation. But the state could create something that they might actually strive to have their name on.
Levels of lifetime taxes paid: wall of honor.
Elizabeth Warren plan just wants to take, and those targeted get nothing on the backside.
Warren et al want to demonize those targeted as "not paying their fair share". She's got it all wrong. Don't attack them. Make them want to join the exclusive club.
I disagree with your desire for us to be dependent on billionaire philanthropy.
And nobody is talking about getting rid of the reward system. It's not even part of the discussion.
Having billions of dollars even after paying a wealth tax is plenty of reward.
The entire republican attack on "wealth tax" and redistribution is entirely focused on claims that capitalism (and it's incumbent inherent reward system) is under attack in favor of socialism or communism.
Yes, well Republicans lie. I'm talking to you though , not Republicans.
It's an argument within myself own head I'm trying to sort out.
On the one hand, I believe in laizze-faire free enterprise (with exceptions for environmental degradation and safety regulations, off the top of my head). Capitalism.
On the other, there is this problem to do with societal illnesses regarding perceived wellbeing.
Yet, I wouldn't want any attempts at remedies to destroy the invisible hand or the engine of ingenuity or productivity.

dajo9 said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
We may not like it but this is a true statement. Also true that in each of these cases, violence began with the side opposing progress.
Anarchistbear said:dajo9 said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
We may not like it but this is a true statement. Also true that in each of these cases, violence began with the side opposing progress.
The state has a monopoly on violence and is the chief perpetrator of violence
dajo9 said:concordtom said:dajo9 said:concordtom said:dajo9 said:concordtom said:
You definitely need the reward system to remain. It drives effort, innovation, production - all of it.
My thought has simply to change the reward structure. Culturally you could have a wall of honor where if you made so much, your wealth could then be used for various social purposes.
Like, rather than individuals continuing to amass more than is needed, ungodly sums, they could give to feed the hungry, to build homeless shelters, to retrain or rehabilitate, to provide needed healthcare.
Instead of being "hated" as you say they become revered and millions being grateful to them for their productivity.
The donors could choose which area they wanted to fund.
You could start either those who voluntarily give: Buffett and gates. Then make it a club that others want to join. Eventually the culture could change.
What do you give someone who has everything? Honor, praise, gratitude.
So many rich complain about taxation. But the state could create something that they might actually strive to have their name on.
Levels of lifetime taxes paid: wall of honor.
Elizabeth Warren plan just wants to take, and those targeted get nothing on the backside.
Warren et al want to demonize those targeted as "not paying their fair share". She's got it all wrong. Don't attack them. Make them want to join the exclusive club.
I disagree with your desire for us to be dependent on billionaire philanthropy.
And nobody is talking about getting rid of the reward system. It's not even part of the discussion.
Having billions of dollars even after paying a wealth tax is plenty of reward.
The entire republican attack on "wealth tax" and redistribution is entirely focused on claims that capitalism (and it's incumbent inherent reward system) is under attack in favor of socialism or communism.
Yes, well Republicans lie. I'm talking to you though , not Republicans.
It's an argument within myself own head I'm trying to sort out.
On the one hand, I believe in laizze-faire free enterprise (with exceptions for environmental degradation and safety regulations, off the top of my head). Capitalism.
On the other, there is this problem to do with societal illnesses regarding perceived wellbeing.
Yet, I wouldn't want any attempts at remedies to destroy the invisible hand or the engine of ingenuity or productivity.
The whole argument from the right is disingenuous. Bill Maher complains about socialism and points to South Korea and Poland as role models that rejected socialism. They both have universal healthcare and wouldn't dream of our more capitalist style of healthcare. Conservatives love to point at Margaret Thatcher as a bulwark against socialism. England had universal healthcare before, during, and after Thatcher. I think what American progressives want is the kind of not-socialism that England, South Korea, and Poland have.
dajo9 said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
We may not like it but this is a true statement. Also true that in each of these cases, violence began with the side opposing progress.
socaltownie said:dajo9 said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
We may not like it but this is a true statement. Also true that in each of these cases, violence began with the side opposing progress.
This is wrong and top of mind since I just finished a Great book called "Age of Acrimony"
and I had the chance thorugh it to learn about a figure (Franee Kelly) in history we all should know more about.
https://en.wikipedia.org/wiki/Florence_Kelley. She is a GIANT and deserves all the accolades we could heap upon her.
As the book reminds us, a TON of the great moments in progressive history (Suffarge, child labor laws, the 40 hour week, food and drug safety) were not driven much at all by violence nor even the fear of violence.
Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
Are you saying you are Pro Violence and Pro Destruction as a means towards ProGress?
Or simply that it's an axiom of truth. Like, the only path forward is via death and demolition?
I'm not trying to put words in your mouth, just trying to understand you.
By the way, I disagree with either take, so perhaps you have something else in mind.
History teaches us that there has been little progress against tyranny, slavery, oppression of workers and blacks without violence or threat of same. It will decide this not gini coefficients
concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
Are you saying you are Pro Violence and Pro Destruction as a means towards ProGress?
Or simply that it's an axiom of truth. Like, the only path forward is via death and demolition?
I'm not trying to put words in your mouth, just trying to understand you.
By the way, I disagree with either take, so perhaps you have something else in mind.
History teaches us that there has been little progress against tyranny, slavery, oppression of workers and blacks without violence or threat of same. It will decide this not gini coefficients
Fair enough.
But I don't think this wealth tax or associated issues being discussed rises to " tyranny, slavery, oppression of workers and blacks".
dajo9 said:socaltownie said:dajo9 said:Anarchistbear said:concordtom said:Anarchistbear said:concordtom said:Anarchistbear said:
The motive for billionaires to part with some money will increasingly be a growing Luigi factor
Well, that's obviously not the right motivation, threat or outcome
Self- preservation is often the best motive
Pertinent to your comment, Luigi Mangione murder had nothing to do with self preservation.
Pertinent to the thread, controlling anything beyond $10M has nothing to do with self preservation.
Zero social progress in this country has been accomplished without violence be it freeing us from the British, destroying the confederacy, workers, civil rights or addressing predatory capitalism
We may not like it but this is a true statement. Also true that in each of these cases, violence began with the side opposing progress.
This is wrong and top of mind since I just finished a Great book called "Age of Acrimony"
and I had the chance thorugh it to learn about a figure (Franee Kelly) in history we all should know more about.
https://en.wikipedia.org/wiki/Florence_Kelley. She is a GIANT and deserves all the accolades we could heap upon her.
As the book reminds us, a TON of the great moments in progressive history (Suffarge, child labor laws, the 40 hour week, food and drug safety) were not driven much at all by violence nor even the fear of violence.
The history of the violence of the Progressive Era is not taught (similar to the white on black violence of the Reconstruction era). Here is one major incident:
https://en.wikipedia.org/wiki/Battle_of_Blair_Mountain
As recently as 2016 a court ruled in favor of those who would preserve the site over mine companies that wanted to strip mine and destroy the site.
Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
tequila4kapp said:Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
Edit - I would add college affordability to your list.
There are nearly 1k billionaires in the US. Their net worth is @8.4 trillion. There are @350k US citizens. If we confiscated every single penny of billionaire wealth - which is not even where this thread started - we can spend @23k for every man, woman and child. That is not enough to do even one of the items on this list. A second problem with the wealth redistribution discussion - in our country at least - is that it starts with some version of "we need greater structural fairness" in the system - which is legitimate - but always works its way to be a laundry list of items the masses believe they deserve for free. So the source of money isn't big enough and the list of things to spend on always gets bigger. And this assumes that government is an efficient distributor of resources, which many would argue it is not. And humans have human nature, which in this context means they have some magic number where they seek to avoid paying taxes and exit the system, so our pool of available money to fix societal ills decreases, followed by the threshold for "rich" continuously being lowered..and the whole thing falls apart (see NY where Mandahmi is calling for an estate tax threshold of only $750k). These are the reasons why Socialism has always failed and will always fail.
Different response: point of order that the social programs are not Socialism.
Different response: the current era has corollaries to the guided era. I could be mistaken but I do not remember the Teddy Roosevelt Trust Busting that brought about social change being associated with pronounced violence.
Anarchistbear said:tequila4kapp said:Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
Edit - I would add college affordability to your list.
There are nearly 1k billionaires in the US. Their net worth is @8.4 trillion. There are @350k US citizens. If we confiscated every single penny of billionaire wealth - which is not even where this thread started - we can spend @23k for every man, woman and child. That is not enough to do even one of the items on this list. A second problem with the wealth redistribution discussion - in our country at least - is that it starts with some version of "we need greater structural fairness" in the system - which is legitimate - but always works its way to be a laundry list of items the masses believe they deserve for free. So the source of money isn't big enough and the list of things to spend on always gets bigger. And this assumes that government is an efficient distributor of resources, which many would argue it is not. And humans have human nature, which in this context means they have some magic number where they seek to avoid paying taxes and exit the system, so our pool of available money to fix societal ills decreases, followed by the threshold for "rich" continuously being lowered..and the whole thing falls apart (see NY where Mandahmi is calling for an estate tax threshold of only $750k). These are the reasons why Socialism has always failed and will always fail.
Different response: point of order that the social programs are not Socialism.
Different response: the current era has corollaries to the guided era. I could be mistaken but I do not remember the Teddy Roosevelt Trust Busting that brought about social change being associated with pronounced violence.
I don't think taking money from billionaires and trickling it down through government is a good idea. I do think that the tax system preferentially rewards capital not labor and that workers are receiving a progressively shorter stick just because there is less of them and they wield less power.
Health care, child care, education (you are right), minimum wage, housing are issues that the public ( but not the government prioritizes) and can be incentivized in the richest country in the world to the improvement of all citizens and social stability, in a country where the levels of violence, addiction and despair are significant.
The Gilded Age Robber Barons at least believed in public good- go to Cleveland and admire world class art museums, libraries and symphony, same with New York.
Violence in the gilded age? Well there was a lot before reforms- two Presidents assassinsted, lots of labor violence and violence against Chinese and blacks
tequila4kapp said:Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
Edit - I would add college affordability to your list.
There are nearly 1k billionaires in the US. Their net worth is @8.4 trillion. There are @350k US citizens. If we confiscated every single penny of billionaire wealth - which is not even where this thread started - we can spend @23k for every man, woman and child. That is not enough to do even one of the items on this list. A second problem with the wealth redistribution discussion - in our country at least - is that it starts with some version of "we need greater structural fairness" in the system - which is legitimate - but always works its way to be a laundry list of items the masses believe they deserve for free. So the source of money isn't big enough and the list of things to spend on always gets bigger. And this assumes that government is an efficient distributor of resources, which many would argue it is not. And humans have human nature, which in this context means they have some magic number where they seek to avoid paying taxes and exit the system, so our pool of available money to fix societal ills decreases, followed by the threshold for "rich" continuously being lowered..and the whole thing falls apart (see NY where Mandahmi is calling for an estate tax threshold of only $750k). These are the reasons why Socialism has always failed and will always fail.
Different response: point of order that the social programs are not Socialism.
Different response: the current era has corollaries to the guided era. I could be mistaken but I do not remember the Teddy Roosevelt Trust Busting that brought about social change being associated with pronounced violence.
DiabloWags said:tequila4kapp said:Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
Edit - I would add college affordability to your list.
There are nearly 1k billionaires in the US. Their net worth is @8.4 trillion. There are @350k US citizens. If we confiscated every single penny of billionaire wealth - which is not even where this thread started - we can spend @23k for every man, woman and child. That is not enough to do even one of the items on this list. A second problem with the wealth redistribution discussion - in our country at least - is that it starts with some version of "we need greater structural fairness" in the system - which is legitimate - but always works its way to be a laundry list of items the masses believe they deserve for free. So the source of money isn't big enough and the list of things to spend on always gets bigger. And this assumes that government is an efficient distributor of resources, which many would argue it is not. And humans have human nature, which in this context means they have some magic number where they seek to avoid paying taxes and exit the system, so our pool of available money to fix societal ills decreases, followed by the threshold for "rich" continuously being lowered..and the whole thing falls apart (see NY where Mandahmi is calling for an estate tax threshold of only $750k). These are the reasons why Socialism has always failed and will always fail.
Different response: point of order that the social programs are not Socialism.
Different response: the current era has corollaries to the guided era. I could be mistaken but I do not remember the Teddy Roosevelt Trust Busting that brought about social change being associated with pronounced violence.
And this is the crux of the issue.
Invariably, government is not effecient at all.
I've personally witnessed this when it comes to the City of San Jose and the State of California.
Why would anyone trust Government officials (who invariably weren't bright enough to get a job in the private sector) on how to allocate resources?
I've seen an awful lot of public servants that are not capable of serving the public because they are dumber than dumb.
And yet they're making 2, 3, and $400,000 a year.
socaltownie said:DiabloWags said:tequila4kapp said:Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
Edit - I would add college affordability to your list.
There are nearly 1k billionaires in the US. Their net worth is @8.4 trillion. There are @350k US citizens. If we confiscated every single penny of billionaire wealth - which is not even where this thread started - we can spend @23k for every man, woman and child. That is not enough to do even one of the items on this list. A second problem with the wealth redistribution discussion - in our country at least - is that it starts with some version of "we need greater structural fairness" in the system - which is legitimate - but always works its way to be a laundry list of items the masses believe they deserve for free. So the source of money isn't big enough and the list of things to spend on always gets bigger. And this assumes that government is an efficient distributor of resources, which many would argue it is not. And humans have human nature, which in this context means they have some magic number where they seek to avoid paying taxes and exit the system, so our pool of available money to fix societal ills decreases, followed by the threshold for "rich" continuously being lowered..and the whole thing falls apart (see NY where Mandahmi is calling for an estate tax threshold of only $750k). These are the reasons why Socialism has always failed and will always fail.
Different response: point of order that the social programs are not Socialism.
Different response: the current era has corollaries to the guided era. I could be mistaken but I do not remember the Teddy Roosevelt Trust Busting that brought about social change being associated with pronounced violence.
And this is the crux of the issue.
Invariably, government is not effecient at all.
I've personally witnessed this when it comes to the City of San Jose and the State of California.
Why would anyone trust Government officials (who invariably weren't bright enough to get a job in the private sector) on how to allocate resources?
I've seen an awful lot of public servants that are not capable of serving the public because they are dumber than dumb.
And yet they're making 2, 3, and $400,000 a year.
I don't universally believe that. There is a LOT of government waste. Generally inefficient.
Diablo - I DO think that a core problem is accountability among senior staff. But in a lot of ways, Pogo, we have met the enemy and he is us. What they are getting paid 400,000 is to not create problems for their bosses (the electeds). And when electeds TRY to exert strong management principle voters often punish them for "chaos" and "firing nice people."
DiabloWags said:socaltownie said:DiabloWags said:tequila4kapp said:Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
Edit - I would add college affordability to your list.
There are nearly 1k billionaires in the US. Their net worth is @8.4 trillion. There are @350k US citizens. If we confiscated every single penny of billionaire wealth - which is not even where this thread started - we can spend @23k for every man, woman and child. That is not enough to do even one of the items on this list. A second problem with the wealth redistribution discussion - in our country at least - is that it starts with some version of "we need greater structural fairness" in the system - which is legitimate - but always works its way to be a laundry list of items the masses believe they deserve for free. So the source of money isn't big enough and the list of things to spend on always gets bigger. And this assumes that government is an efficient distributor of resources, which many would argue it is not. And humans have human nature, which in this context means they have some magic number where they seek to avoid paying taxes and exit the system, so our pool of available money to fix societal ills decreases, followed by the threshold for "rich" continuously being lowered..and the whole thing falls apart (see NY where Mandahmi is calling for an estate tax threshold of only $750k). These are the reasons why Socialism has always failed and will always fail.
Different response: point of order that the social programs are not Socialism.
Different response: the current era has corollaries to the guided era. I could be mistaken but I do not remember the Teddy Roosevelt Trust Busting that brought about social change being associated with pronounced violence.
And this is the crux of the issue.
Invariably, government is not effecient at all.
I've personally witnessed this when it comes to the City of San Jose and the State of California.
Why would anyone trust Government officials (who invariably weren't bright enough to get a job in the private sector) on how to allocate resources?
I've seen an awful lot of public servants that are not capable of serving the public because they are dumber than dumb.
And yet they're making 2, 3, and $400,000 a year.
I don't universally believe that. There is a LOT of government waste. Generally inefficient.
Diablo - I DO think that a core problem is accountability among senior staff. But in a lot of ways, Pogo, we have met the enemy and he is us. What they are getting paid 400,000 is to not create problems for their bosses (the electeds). And when electeds TRY to exert strong management principle voters often punish them for "chaos" and "firing nice people."
The City of San Jose is filled with Deputy City Managers that make $400,000 a year.
It's not clear to me what some of these people actually get done, given that I have had a lot of personal experience with them. They never fire anyone. They never hold anyone accountable. They come to work every day with the same lame mantra of "Hear no Evil, See No Evil, and Speak No Evil."
They don't want to speak up and upset the gravy train.
For example, homelessness is a mess.
Their Parks have over half a Billion dollars in deferred maintenance and taxpayers have given up. They won't even entertainment a small parcel tax on the ballot to fund the Park & Rec Dept.
They can't attract developers because their fees are too high and their animal shelter does nothing but decrease capacity to care while doubling its budget since 2021. The City got bailed out by a lot of Covid type federal funding from Biden, but that funding finally dried up in 2024 and now they have annual budget deficits.
And because there is no profit motive in Govt, it's much more difficult to define outcomes in order to measure progress. Invariably, these people will defer, deflect, dismiss, and discount the concerns of the public . . . kicking them down the road for as long as they can - - - and then pat each other on the back about how much PROGRESS was made during the year.
Matt Mahan is a perfect example of this.
It's absolutely mind-blowing to me that he thinks he has a resume that is good enough to become Governor.
Such is the entitled "bubble" that these people walk around in.
The only way that you can hold bureaucrats accountable is through legal action.
Ask me how I know.
Animal advocates claim inhumane conditions fester at San Jose shelter, threaten lawsuit - Local News Matters
socaltownie said:DiabloWags said:socaltownie said:DiabloWags said:tequila4kapp said:Anarchistbear said:
Job insecurity, no health care, no child care, can't afford housing- true for a lot of Americans and related to inequality. The public is in favor of these things, the government is not.
Edit - I would add college affordability to your list.
There are nearly 1k billionaires in the US. Their net worth is @8.4 trillion. There are @350k US citizens. If we confiscated every single penny of billionaire wealth - which is not even where this thread started - we can spend @23k for every man, woman and child. That is not enough to do even one of the items on this list. A second problem with the wealth redistribution discussion - in our country at least - is that it starts with some version of "we need greater structural fairness" in the system - which is legitimate - but always works its way to be a laundry list of items the masses believe they deserve for free. So the source of money isn't big enough and the list of things to spend on always gets bigger. And this assumes that government is an efficient distributor of resources, which many would argue it is not. And humans have human nature, which in this context means they have some magic number where they seek to avoid paying taxes and exit the system, so our pool of available money to fix societal ills decreases, followed by the threshold for "rich" continuously being lowered..and the whole thing falls apart (see NY where Mandahmi is calling for an estate tax threshold of only $750k). These are the reasons why Socialism has always failed and will always fail.
Different response: point of order that the social programs are not Socialism.
Different response: the current era has corollaries to the guided era. I could be mistaken but I do not remember the Teddy Roosevelt Trust Busting that brought about social change being associated with pronounced violence.
And this is the crux of the issue.
Invariably, government is not effecient at all.
I've personally witnessed this when it comes to the City of San Jose and the State of California.
Why would anyone trust Government officials (who invariably weren't bright enough to get a job in the private sector) on how to allocate resources?
I've seen an awful lot of public servants that are not capable of serving the public because they are dumber than dumb.
And yet they're making 2, 3, and $400,000 a year.
I don't universally believe that. There is a LOT of government waste. Generally inefficient.
Diablo - I DO think that a core problem is accountability among senior staff. But in a lot of ways, Pogo, we have met the enemy and he is us. What they are getting paid 400,000 is to not create problems for their bosses (the electeds). And when electeds TRY to exert strong management principle voters often punish them for "chaos" and "firing nice people."
The City of San Jose is filled with Deputy City Managers that make $400,000 a year.
It's not clear to me what some of these people actually get done, given that I have had a lot of personal experience with them. They never fire anyone. They never hold anyone accountable. They come to work every day with the same lame mantra of "Hear no Evil, See No Evil, and Speak No Evil."
They don't want to speak up and upset the gravy train.
For example, homelessness is a mess.
Their Parks have over half a Billion dollars in deferred maintenance and taxpayers have given up. They won't even entertainment a small parcel tax on the ballot to fund the Park & Rec Dept.
They can't attract developers because their fees are too high and their animal shelter does nothing but decrease capacity to care while doubling its budget since 2021. The City got bailed out by a lot of Covid type federal funding from Biden, but that funding finally dried up in 2024 and now they have annual budget deficits.
And because there is no profit motive in Govt, it's much more difficult to define outcomes in order to measure progress. Invariably, these people will defer, deflect, dismiss, and discount the concerns of the public . . . kicking them down the road for as long as they can - - - and then pat each other on the back about how much PROGRESS was made during the year.
Matt Mahan is a perfect example of this.
It's absolutely mind-blowing to me that he thinks he has a resume that is good enough to become Governor.
Such is the entitled "bubble" that these people walk around in.
The only way that you can hold bureaucrats accountable is through legal action.
Ask me how I know.
Animal advocates claim inhumane conditions fester at San Jose shelter, threaten lawsuit - Local News Matters
There is a lot of truth to this. But I see the world from a different lense. Part of their job is to avoid making the politicians make hard choices.
Take animal shelters (and I going to make a ton of this up so I might miss some specifics).
Move away from no kill - well Peta protests
Use more 3rd party rescue groups - well gotta vet them to the nth degree so someone doesn't embarass you
Displace union workers by contracting out - that is a BAD idea ;-)
Embrace more no kill - who is going to pay to expand the thing?
All these create almost unsolvable gordian knots. There are solutions but like in the private sector there would have to be trade offs and choices. But making choices is BAD for politicians. The costs are concentrated and the benefits diffuse. And voters don't remember the diffuse stuff but they sure do remember when their sacred cow is gored.
Bureaucrats learn this. So not making decisions is actually what they are PAID to do. Because getting stuff to the point of decision gets you a big side eye from your bosses.