- Capitalism and Alternatives -

Frenchy: Quite Easily a Dimwit

Posted by: Krasny ( Internationale, All Countries... ) on January 27, 19100 at 10:19:51:

In Reply to: The hard work of theorizing. posted by Frenchy on January 26, 19100 at 10:42:49:

: LLLLLLLOOOOOOOOOLLLLLLLLL!!! That's rich! But let's assume your right. I don't know. Suppose you explain it to me? Let's pretend that I don't know. Tell me your experiences. What's your trade background?

*I'm not certain what my trade has to do with anything. You began by sputtering on about how there are different types of work necessitating different rates of compensation ("rewards"). I assume that anyone who makes more than $5,000,000 a year in salary in your model *must* be working very hard indeed. You claim that property (and hence inheritance) should not be the focus of our attention in the matter of how wealth is accounted for and distributed, work should be. You then objected to the use of the term 'hard' which told me that the concept must be alien to your nature. As for what 'hard work' is mate, if you have to ask, you'll never understand.** --K

: :
: : So if it's perfectly legal to pass on your acquired wealth (cash and property) to your progeny, how do you square this with your other comments which seem to say the focus of wealth distribution and acquisition should not be on property:

: :
: : "It focus' the debate on property if your definition of work doesn't include intellectual work, entrepreneurial work, creative rearranging present modes of production and the rewards attached to those activities."

: :
: : When the top two percentile own 90% of the wealth, property relations are precisely where the focus should be. QED old boy.* --K

: Could you state your references on this claim?
: QED, I love that kind of pretentiousness. Are you from Merry Old England?

**Can't just one of you right wing loons ever address an issue? I've read alot of Edward Wolff's stuff... he's an economist with New York University who is a specialist in the matter of the division of wealth in the US. You can review some excerpts of his works HERE though you'll have to sound out the bigger words... or get someone to read the words for you. Also HERE for some very interesting London School of Economics stuff. You'll want to pay special attention to the section titled, "Inheritance and the Distribution of Wealth" by Cowell, F.A.

How about taking a swing at some of the issues raised? Given that the majority of socially produced wealth ends up in the hands of a relative few people who then pass on that wealth to their progeny, why should work be the focus of scrutiny in matters of wealth distribution and not property relations?

As for where I'm from... just read the 'Country' heading sunshine... 'All Countries.'** --K

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