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How Economic Inequality Kills

Society & Culture  (tags: politics, news, economy, usa, society, politics, culture )

- 1560 days ago -
The appalling human costs of our current economic system.

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Past Member (0)
Friday March 14, 2014, 4:56 am
Noted, ty Cal.

Rhonda B (99)
Friday March 14, 2014, 7:03 am
Noted. Thanks CAL

pam w (139)
Friday March 14, 2014, 7:38 am
Not only can lead to revolution.

Julie C (29)
Friday March 14, 2014, 11:43 am
How is this not common sense, religious sense, humane, golden rule, and a million other nice things?

Winnie Adams (179)
Friday March 14, 2014, 12:13 pm

Birgit W (160)
Friday March 14, 2014, 1:49 pm
I am not surprised. Thanks for sharing.

Nancy M (169)
Friday March 14, 2014, 2:16 pm
great article, thanks.

Joanne Dixon (38)
Friday March 14, 2014, 3:06 pm
I've considered the 1% to be mostly murderers for sometime. Nice to have statistics to back that up.

Patsy Olive (0)
Friday March 14, 2014, 7:03 pm
Noted & tweeted.

Stephen Brian (23)
Friday March 14, 2014, 7:57 pm
There definitely are benefits for everyone in reducing certain forms of inequality. however, a distinction must be made between the benefits of individual wealth and of communal wealth: There is benefit to the entire community in the suppression of epidemics, maintenance of an orderly society, and public health-measures like water-treatment, and promotion of such communal goods dramatically reduces inequality by any reasonable measure. However, we have to recognize that this benefit comes from the communal good, not from redistribution to the level where individual wealth, goods and services which benefit only a single consumer, gets redistributed.

It feels good to say we can have our cake and eat it too, but we can't push all the nice-looking policies to the extreme and maintain the economic engine that makes them possible. Inequality is an inevitable consequence of a functioning economy, and any measures that successfully maintain equality would necessarily destroy the economy. For example, I seriously doubt the link in the article between excess deaths in Russia and the move to capitalism: I'm sure they happened at the same time, but what else happened at the same time was the collapse of a hollow shell of an economy which had been supported by massive public deficits and foreign debt, an economy that had been hollowed out by Communist policies of equality. Also at the same time, criminal organizations, the only ones with real experience in the private sector, took over much of the country. Between a long-delayed economic collapse, which is always bloody, and such a massive rise of particularly nasty criminal organizations, I'm almost surprised the body-count was so low.

Past Member (0)
Saturday March 15, 2014, 2:09 am
An intractable mess. Inequality has always been with us and I fear it always will be.

Past Member (0)
Saturday March 15, 2014, 3:49 am
Where's equality and respect?

Madhu Pillai (22)
Saturday March 15, 2014, 4:03 am
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