A majority of millennials now reject capitalism, poll shows

Re:A majority of millennials now reject capitalism, poll shows by mjfl on Wednesday March 01, 2017 @12:00AM (#13761297)

You're still making the "standard of living" argument that is essentially hypocritical when you think about it globally. You are extremely privileged to be born in the USA, rich or poor.

Also, you would realistically need to be taxed more like 80-95% to get to the global mean.

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Re:A majority of millennials now reject capitalism, poll shows by heurist on Wednesday March 01, 2017 @01:12AM (#13761641)

So the ultra rich should grow wealthier faster than middle class Americans because there are poorer countries in the world? Absurd.

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Re:A majority of millennials now reject capitalism, poll shows by mjfl on Wednesday March 01, 2017 @07:26AM (#13763140)

In any case their wealth shouldn't be redistributed to the American middle class, rather the global poor, as should the wealth of the American middle class and poor.

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Re:A majority of millennials now reject capitalism, poll shows by Eridrus on Wednesday March 01, 2017 @02:45PM (#13767532)

The perfect is the enemy of the good.

I think there needs to be a greater global redistribution effort, but we should start with a more politically tenable one based on nation states.

Also, I have a hunch (but no data) to suggest that a national one may be more economically viable since you redistribute money inside your own economy which boosts demand and increases your tax base.

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Re:A majority of millennials now reject capitalism, poll shows by heurist on Wednesday March 01, 2017 @07:58PM (#13770391)

That's already happening through globalization. The scope of this discussion is American inequality.

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