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Re:Why Inequality Matters by vishnugupta on Thursday October 16, 2014 @01:21PM (#8466080)
> If you take that wealth and move it to the average person.

Wealth redistribution doesn't necessarily mean taking money/wealth, literally, from wealthy and giving it away to poor. It includes, among others, subsidized education, free access to basic health care, nutritious food, potable water, eradication of epidemics, decent housing, decent retirement income and so on.

This is the problem I see in societies that are highly unequal (read US :-)) where in a democratically elected government is reduced to make way for capitalists. All or most of the above are controlled by multinational corporations whose sole motive is higher profits. So what ends up happening is that even a middle class family is just one calamity away (e.g., death of bread earner, a high cost health problem) from being pushed below poverty line. Even education for that matter has gotten privatized to an extent where only wealthy can afford good education; as various studies have shown education does make a significant difference when it comes to money earned over longer period. Or take 2008 recession where pension corpus of millions was reduced to zilch for no mistake of theirs.

Wealth distribution, at least in my mind, means that ensuring that most of the citizens are on level playing when it comes to basic necessities. Over and above that of course one must be rewarded as per their contribution to the society and hard work.

Poor are poor not just because they don't have money but also because they are unable to get out of it. They have to go through unspeakable ordeal just to get one meal a day and this places enormous cognitive load on the entire family. So of course children of poor, more often than not, remain poor as their basic intelligence itself gets suppressed due to lack of nutritious food, cognitive load etc.,

The book, "Poor Economics", was an eye opener for me in this regard. I once used to blame the poor for their situation but this book changed all of that. I would highly recommend it; to the extent that this should be made a mandatory reading in all colleges :-).

> We want to make sure that the incentives of the people in power are aligned with the people who are not in power.

This is really a tough ask. Unless decision makers, i.e., those in power, are accountable, every single day, to those not in power, decision makers will soon align themselves with private, capitalist corporations. You have a multi billion dollar arms manufacturer, oil corporations funding millions to election campaigns of US presidents. And then you have US citizens who get to vote once in five years; we also know that the voting itself can be rigged, public opinion can be swayed and etc., Now, whom do you think would the president side with? Oil corporation or US citizens? The answer is obvious! And so you will end up having Iraq war which is yet another way to funnel massive amount of tax payer money to private corporations; the cruel irony is that most of foot soldiers who are fighting the war and dying come from poor, disadvantaged families.

Democracy as it's played out in US (and India) today is a complete farce. The fact that executive powers and policy making is concentrated in so few a hands in itself is indicative that this isn't democracy. Instead of giving power to the few and somehow hoping that their interests are aligned with rest of the citizens what needs to be done is build strong institutions.

Democracy is fundamentally about strong institutions (court of law; education system; health care system; labor friendly laws) which are run and maintained by common citizens. Elected representatives' main job is do minor tweaks to the policies. This way the executive power remains with the commoner.

What has been happening is a very systemic eradication of these democratic institutions; privatized education, private health care; private police force; private fire fighters and so on. Once you have hallowed the core of democracy by privatizing it you are left with just a handful of elected representatives who wield enormous power over rest of the citizens. They of course end up serving private corporations. US is run and controlled, more or less, by just a handful of private corporations which are in turn owned by a hundred individuals. Election, democracy etc., is just to keep the citizens believing that they have a say in the way the society is run when the reality is completely opposite. India, following the foot steps of US, is getting there really fast.

Re:Why Inequality Matters by radmuzom on Thursday October 16, 2014 @02:34PM (#8466518)
Eloquently put and very true. Agree on the point about India. Similar thing has recently happened in Australia where Abbott seems to be a stooge of Rupert Murdoch and few other big corporations - and his position as PM seems to be purely ceremonial. As always, the classic talk by Lawrence Lessig [1] makes a really passionate plea to reverse this trend.

[1] http://www.ted.com/talks/lawrence_lessig_we_the_people_and_t...

Re:Why Inequality Matters by vishnugupta on Thursday October 16, 2014 @11:35PM (#8469319)
Thanks for the link! Very sharp and cuts to the chase.
Re:Why Inequality Matters by brc on Thursday October 16, 2014 @08:31PM (#8468739)
"Wealth redistribution doesn't necessarily mean taking money/wealth, literally, from wealthy and giving it away to poor. "

What? How could you possibly describe it any other way? You take cash from a wealthy person, and you give it to other people, either in dirk react payments or sbisized/free services.

Argue about whether that is the correct/incorrect thing to do all you lie, but don't indulge in Orwellian doublespeak that says true is false.

Re:Why Inequality Matters by VexXtreme on Friday October 17, 2014 @02:03AM (#8469619)
Looks like you're getting downvoted, even though your statement is basically correct. It's very sad that it's getting harder and harder to have a fruitful discussion here on HN. Some people are more interested in downvoting based on their immediate emotional reaction, rather than having a rational, honest discussion.

If you disagree with someone, then reply to their post and try to have civilized discourse, don't just immediately try to censor them.

Re:Why Inequality Matters by brc on Friday October 17, 2014 @08:20AM (#8470525)
Eh, I'm used to it. I don't particularly care about karma points. I'm proud of my unfashionable opinions. Each one is the result of careful thought, aware from the blare of popular media and popular opinion.

The herd instinct is getting stronger, and the rush to censor unfashionable opinions increases on HN. Which is funny, because one of the best essays by pg is 'what you can't say'. Closely followed by 'mind the gap'. Which essentially says that inequality is a sign of a healthy society, because lack of inequality shows the innovators and risk takers have gone elsewhere or closed up shop.

Maybe it was my tablet spelling mistakes in my post.

Re:Why Inequality Matters by sanderjd on Friday October 17, 2014 @12:06PM (#8471620)
From my point of view, you were more likely downvoted because you singled out a single sentence of your parent's (thoughtful and lengthy) comment to knock down in bad faith, rather than making an interesting argument about wealth distribution and inequality.

Your views about these things aren't at all unfashionable on this site or in American society at large, and many who disagree with them still think they are reasonable and worth discussing. Your comment just didn't express your perspective very well!

Re:Why Inequality Matters by GFischer on Friday October 17, 2014 @09:10AM (#8470732)
I didn't downvote you, but your post was seriously crippled by the tablet spelling mistakes (especially replacing lie for like).

If you can, I encourage you to edit it.

Edit: also, your argument adscribing the "Orwellian" adjective to the previous post is very strong and can generate negative reactions (like a downvote).

Re:Why Inequality Matters by sanderjd on Friday October 17, 2014 @11:35AM (#8471469)
> How could you possibly describe it any other way?

You could describe it in the many thoughtful ways in which the rest of the comment did describe it, for a start.

The comment it was in reply to also made it seem like the idea is to take wealth from a single wealthy individual and bestow it upon a single poor individual, noting that the newly wealthy individual probably doesn't know what to do with it (like many lottery winners). That is clearly not the intention of literally anybody who is in favor of some redistribution of wealth. Rather, they propose many different ways (some of which were mentioned by your parent comment) that wealth would be spread across many less wealthy people.

Re:Why Inequality Matters by JonnieCache on Friday October 17, 2014 @10:27AM (#8471122)
He was trying to make a subtle point, and you've knowingly interpreted it in the strongest possible way, in order to post a substance-free truism.

To then complain about "orwellian" use of language in the next sentence is just taking the piss.

Re:Why Inequality Matters by aurelian on Thursday October 16, 2014 @02:28PM (#8466466)
>Poor are poor not just because they don't have money but also because they are unable to get out of it. They have to go through unspeakable ordeal just to get one meal a day and this places enormous cognitive load on the entire family.

That seems like it should be true intuitively, but if it were true, you'd expect higher benefit levels to correlate with higher rates of getting out of poverty. The data points to the opposite happening.

For example: http://www.manhattan-institute.org/html/cr_17.htm

Re:Why Inequality Matters by Daishiman on Thursday October 16, 2014 @07:02PM (#8468402)
That study is the complete opposite of the experience of Nordic and Northern European countries with very strong welfare programs and very high class mobility.

Methinks that given the political bias of the study and the fact that it takes a particularly period for the American economy, that there's not much to learn from it.

Also, the fact that single mothers who were on welfare are now working is not actually a good indicator for me. I want the single mothers to have to raise their children in decent environments though maternal leave and good family policies, instead of seeing them work full-time out of necessity.

Re:Why Inequality Matters by StandardFuture on Thursday October 16, 2014 @05:01PM (#8467697)
Re:Why Inequality Matters by maigret on Friday October 17, 2014 @04:39AM (#8469981)
I think welfare is only one tool against poverty, far from being the whole solution. Actually nordish countries have many more tools against equality, like health coverage and free education. Welfare, even in those countries, is the last "fallback", nothing more. So the study is really biased on the people with the most problems. No surprise they don't get out of it well.
Re:Why Inequality Matters by hrktb on Thursday October 16, 2014 @02:58PM (#8466761)
That's interesting, could you please share the data ?