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Board Bitcoin Discussion
Re: What are the most convincing arguments against Bitcoin?
by
taltamir
on 22/12/2013, 23:54:10 UTC
This is clearly an issue. The more unequal the spread of wealth the more problems.
Other way around.
Equal spread of wealth = everyone is poor, downtrodden, and live short brutish lives.
The more unequal the spread of wealth the more prosperous a society is for everyone, even the people at the bottom.

No, maybe I was to brief in my wording. I'm not saying wealth has to be spread exactly equally for everything to be perfect, only that grossly unequal societies tend to have problems because of the gross inequality (see my video and countless other evidence). It is definitely possible that a really unequal society can be better for the poor than a more equal society, but not if every other factor is equal between those societies.

Look, complete equality should not be the goal of any society, but ignoring gross wealth inequality as an issue is simply not realistic and not backed by science.

1. what video?
2. When someone says wealth inequality they always misuse examples. They point at examples where you have LIFESTYLE inequality brought about by communism and say that the solution is to prevent WEALTH inequality.
Wealth inequality comes from either a capitalistic society where the standards of living for the poorest are better than they are for the average communist.
Or from a slave owning society where the slaves have 0 wealth and as such the ratio between the richest and poorest is infinity (X/0 = infinity) where the poorest have horrible conditions
Or it comes from a totalitarian society where the king is said to literally own anything in the nation, even if its owned by someone else its still the kings property (I can't think of an example where this didn't overlap with slave owning society)

The thing is, the latter two examples are non existent and are a binary status while capitalism and communism are a continuum where the more you move towards equality (communism) the worse life is for the average person.