Dr. Martin Hash Podcast

Politics & Philosophy by Dr. Martin D. Hash, Esq.

76 Wealth Redistribution


The increasing wealth accumulation of the Nouveau Aristocracy has created a wealth inequality in this country that threatens the very concept of liberty because wealth gets inordinate access to power, primarily through co-opting the media & compromising politicians, thereby decreasing the personal liberty & opportunity of everyone else, and this will only get worse as the lucktocracy consolidates over generations and a de facto class system emerges, as it is doing now. The wealthiest 1% of the U.S. Population own 40% of the nation's wealth, while the bottom 80% of the population only own 7%. The disparity is increasing & the Middle Class is shrinking: this cannot continue.

Ever-increasing compounding of wealth is simple mathematics, not the result of exceptional skill or merit. Anyone who has every played the game Monopoly knows that eventually one player owns everything while everyone else gradually diminishes to bankruptcy, but the entrenched winners will, of course, predictably ague in their self-interested reasons why they somehow deserved their dynastic status. Our Liberty society can accommodate selfish consumption & accumulation of wealth if it is periodically redistributed, but creates dissatisfaction & socialism if it isn't.

Categories | PRay TeLL, Dr. Hash


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