Why do Libs equate capitalism with feudalism when the trends are the opposite?

Question

They say "the wealth will be concentrated in fewer and fewer hands" and sometimes this is true and sometimes this isn't true but what's always true is "the wealth" keeps growing - - - you might go from 100 people 90 of whom have 5 each and 10 of whom have 100 each to 110 people 80 of whom have 10 each, 20 of whom have 150 each and 10 of whom have 1000 each - - "the wealth" is more concentrated but it's not that there is a fixed pie that is just sliced differently, there's just a much bigger pie and everyone's slice is bigger than it used to be even if for some it is smaller relative to the whole.

In absolute terms the freer the economy the more wealth and income per capita and the greater economic mobility. Also the differences among large groups tend to correlate to age - - the "income gap" for example is largely between baby boomers and Gen-Xers / Gen-Yers and less among permanent classes than was the case when tax rates were much higher.

http://www.freerepublic.com/focus/f-news/1229294/posts
http://www.nytimes.com/specials/downsize/21cox.html
http://www.bls.gov/opub/mlr/1988/05/art1full.pdf
http://www.frbsf.org/econrsrch/wklyltr/el97-07.html#winners
http://www.dallasfed.org/fed/annual/1999p/ar95.html
http://money.cnn.com/2005/05/25/pf/record_millionaires/index.htm?cnn=yes
http://money.cnn.com/2005/09/28/news/economy/millionaire_survey/index.htm?cnn=yes
http://money.cnn.com/2006/03/28/news/economy/millionaires/?cnn=yes
http://www.heritage.org/Research/Labor/bg1773.cfm

Mochrie you're being facetious, right?

Argle, median, not average - - and not recently.

But Steve you're measuring success in one endeavor at a time - yes competition breeds winners and losers but among firms, for most ofthem, it merely breeds specialization, which is what keeps capitalism from becoming a tyranny of the majority - - 80% of the people might prefer company X's burgers, computers, radios, cars, whatever, and if you're company Y you can still find some subset of the remaining 20% that value their preference enough to pay more for it, thus make a higher margin on lower volume and still succeed - - - it was your failure to capture the broader market that forced you to pay attention to the smaller market, thus everyone's happy.

Answer 1

As years pass, people make more money.

Answer 2

Here's my best guess:

Capitalism leads to class distinctions that arise from variable long term success in competition. If we started some experiment with everyone starting out with equal everything and waited a while, there would eventually be 'haves' and 'have nots'. We are NOT all the same, no matter what leftist dogma teaches.

To a liberal's typical "one for all, and all for one" view of the world, this result must indeed look feudal since it gives rise to the very opposite of what they mistakenly believe SHOULD happen. That is, in what they think an "enlightened" society should reflect.

So, in short, the answer is: Once more, they don't understand what's going on with human nature, free markets, and mertiocracy.

(I blame Ted Kennedy)

Answer 3

Capitalism is undesirable for the boom of Communism . If liberals hate funds a lot , why do not they commence in Hollywood , by giving all Hollywood a serious pay minimize ; and get Al Gore to trim his ability use all the way down to the equivalent of 10 households rather of 20 ? Or is it ok for them because they are in on the propaganda ?

Answer 4

True enough if U happen to be a straight,normal,white male.But the majority of us aren't. I'm a disabled man,so What U might say about mobility may to exactly apply to everyone.I t doesn't with me

Answer 5

No Liberal that I know of equates Capitalism with Feudalism. They're entirely different systems. And no liberal opposes Capitalism, although this is obviously something on which you are misinformed. Liberals do understand the value of markets, but we also understand that unregulated markets rarely work well, and that markets are not the ultimate answer to every problem of society.

Answer 6

The left thinks that the world is static. Money made by one person is simply "stolen" from another and the helping hand of government must step in to assist the "disenfranchised" person. It's pathetic.

Answer 7

A way to demonize the opposition. That is all they have because they can't argue their position on merit.

Answer 8

Where did you get that?

It's well known that socialism exists and works so well in Europe due to its feudalism past.

Good grief, get your arguments right.

Answer 9

Then how do you explain the fact real wages are dropping?

Answer 10

YOU MIGHT EXPLODE THE MYTH AND that's the end of KARL MARX AND HIS SOCIALIST COLLEGE TEACHINGS!