Dr. Martin Hash Podcast

It’s the distribution of wealth that makes redistributing it an imperative. If 1% of the population own a third of the real wealth, especially if they can pass it down through the generations, that’s simply an aristocracy without titles. The people who have the wealth, of course, like it like that but as history shows, if wealth distribution doesn’t somehow align with people’s expectations in benign ways, eventually it will be redistributed in violent ways. Wealth redistribution is a divisive topic because the majority of people will benefit at the minority of people’s expense. In a pure democracy, that would have already happened. Luckily for the wealthy, there are Constitutional guarantees but these are interpreted by the courts, who are aware of the people’s predilections, so the motive for redistribution is very important. The distinction between wealth redistribution as maintenance verses redistributing out of envy is a subtle one; you can tell the real motive by who’s redistributed from, and who’s redistributed to: from the Middle Class to the Rich: that’s the Conservatives; and from the Middle Class to the Poor: that’s the Progressives; and from the Rich to the Middle Class: those are Liberals; and from nobody to nobody is a Libertarian fantasy.