if fortunes were limited to $2 million [which is above the most a person can make, by their own work, and save, after a lifetime's expenses] and the overfortunes were distributed equally among all workers [which would give every family another US$70,000 a year], would violence increase or decrease?
would such a state of things be infinitely more just and less violent? [99% would be better paid, 90% would be 10-1000 times better paid, 100% of people would be much safer from violence [kidnapping, assassination, coup, revolution, guillotine, etc], the chances of nuclear winter would shrink dramatically, there would be no tyrannical or overbearing behaviour of ruling classes, corporations, etc, there would be 10 times as many scientists, businesses, inventors etc, high real income growth, high capital formation [investment], democracy, liberty, equality [because money is power and great inequality of money is great inequality of political power [= undemocracy, fascism, communism]
2006-10-03
20:57:29
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3 answers
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asked by
Anonymous
in
Economics