View Poll Results: How much income inequality is TOO much income inequality?

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  • I am left-leaning, and there is too much income inequality right now.

    126 40.65%
  • I am left-leaning, and the current level is acceptable, but should not be higher

    1 0.32%
  • I am left-leaning, and I don't think there should be a limit on the level of income inequality.

    2 0.65%
  • I am a centrist, and there is too much income inequality right now.

    93 30.00%
  • I am a centrist, and the current level is acceptable, but should not be higher

    5 1.61%
  • I am a centrist, and I don't think there should be a limit on the level of income inequality.

    2 0.65%
  • I am right-leaning, and there is too much income inequality right now.

    66 21.29%
  • I am right-leaning, and the current level is acceptable, but should not be higher

    9 2.90%
  • I am right-leaning, and I don't think there should be a limit on the level of income inequality.

    6 1.94%
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Thread: So How Much Income Inequality is TOO Much Income Inequality?

  1. #11
    Uncanny
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by brothern View Post
    The current level of wealth and income inequality has been created by our public policies. It's not something that is inherent in a free market.
    You know what is inherent in a free market? Policy being for sale.
    Liberté. Égalité. Fraternité.

  2. #12
    Angry Former GOP Voter
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Not sure, but to a significant extent, the world's most wealthy have always overwhelmingly dominated the collective pool.

    I'm not particularly impressed by these estimates.
    Michael J Petrilli-"Is School Choice Enough?"-A response to the recent timidity of American conservatives toward education reform. https://nationalaffairs.com/publicat...-choice-enough

  3. #13
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by Glen Contrarian View Post
    The news came out today that OXFAM found that by 2016, the richest 1% will control half of all the world's wealth.

    That begs the question, then - what level of income inequality do you believe should be the upper limit, if there should be any limit at all? And if there should be a limit, how would that be achieved, since this is obviously something that can't be mandated by governments?
    Funny anyone should worry about income inequality, when it is the inequal distribution of wealth that is probably the problem.

  4. #14
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by joG View Post
    Funny anyone should worry about income inequality, when it is the inequal distribution of wealth that is probably the problem.
    Are you trying to claim that there's no positive correlation between one and the other?
    I fight against the ignorant, irresponsible, and/or closed-minded.
    This group is the worst enemy of America and its freedoms. It includes, but is not limited to, all Trump supporters.

  5. #15
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by DifferentDrummr View Post
    Are you trying to claim that there's no positive correlation between one and the other?
    The economic implications and any cures are very much different, depending on which one concentrates on.

  6. #16
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by TurtleDude View Post
    good. and one day, I hope the one percent unite rather than halving half supporting big government in a desire to get more power. and once united we can crush the idiotic socialist nonsense that wealth should be limited
    Why wait till that "one day"? All you have to do is to move to almost any poor third-world nation and you can have that RIGHT NOW!
    “To do evil, a human being must first of all believe that what he’s doing is good" - Solzhenitsyn

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  7. #17
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by joG View Post
    The economic implications and any cures are very much different, depending on which one concentrates on.
    Perhaps, but that statement does nothing to address my question.
    I fight against the ignorant, irresponsible, and/or closed-minded.
    This group is the worst enemy of America and its freedoms. It includes, but is not limited to, all Trump supporters.

  8. #18
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by DifferentDrummr View Post
    Perhaps, but that statement does nothing to address my question.
    It would mean explaining the correlation and why income inequality is not really a problem, but a necessary feature of healthy economies.

  9. #19
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by TurtleDude View Post
    good. and one day, I hope the one percent unite rather than halving half supporting big government in a desire to get more power. and once united we can crush the idiotic socialist nonsense that wealth should be limited
    It's that kind of thinking that gives everyone else thoughts of endorsing the Guillotine Party.
    Liberté. Égalité. Fraternité.

  10. #20
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    Re: So How Much Income Inequality is TOO Much Income Inequality?

    Quote Originally Posted by DifferentDrummr View Post
    And the task of stabilizing an economy through public policy has long been proved essential. Every time a truly free market has existed in human history, it led to manic speculation, followed by complete and utter economic collapse. No amount of silly libertarianism can refute this pattern.
    Quote Originally Posted by Paschendale View Post
    You know what is inherent in a free market? Policy being for sale.
    LOL. The last thread I was debating the conservative posters, and like them, both of you failed to actually comment on what I said.

    I'm a consequentialist libertarian. Meaning that I'm up and all for a free market economy where prices are set by the forces of supply and demand, with diverse highly competitive markets in which the means of production are primarily privately owned and operated as for-profit; BUT at the same time I don't believe that people/organizations are completely rational actors, or that market failures are made up. Which all of that doesn't have much to do with the topic at hand.

    And @DifferentDrummr - Pareto's principle is an observation. It's not guidance on what is efficient or optimal.
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