Originally Posted By: andrewg
Originally Posted By: ZZman
Originally Posted By: bbhero
True in indeed Johnny Johnson.
ZZ sounds like you like Marxism. Let's just say it doesn't work so well. It's been tried. = Fails.
Not at all. I believe in capitalism that works for all. A society where all do better not just the few at the top. You know, like after WW II and the late 70's when the middle class grew and income and wealth inequality were less.
It isn't as simple as using catch phrases like "inequality". It's fluid. Many folks will rise up and down the income scale during a lifetime. Very few remain at the top. Capitalism has it's ups and downs....just like real life does. It's done more for more people in the world than any other system....period.
Here is some info on a study done on this 1%, class warfare hogwash.
http://fortune.com/2015/03/02/economic-inequality-myth-1-percent-wealth/
Even the article states :
Just because there is a good deal of changeability in America’s class structure, that doesn’t mean that everyone has the same chances at achieving high levels of income. Compared with many of its wealthy peers, there is much less inter-generational economic mobility in the U.S. If you are born poor in America, you have a much greater chance of staying poor than if you were born into the same class in places like Canada or Denmark.