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- #16
Perceived Upward Social Mobility vs. Upward Social Mobility
I love Steinbeck's writings on 'socialism', modest financial and environmental regulations, an adequately progressive income tax, decent social programs for the needy, and decent wages for ordinary jobs. Those things, however, are described as "socialism" by the current US right wing and the current US media. 'Joe the Plumber' types are doubly wrong. Okay, he's unlikely to become a millionaire. But it's far worse than that. The so-called "socialism" that he opposes would be better for him even if he were a multi-millionaire. The marginal utility of slightly lower taxes for someone who is rich is actually outweighed by the marginal utility of being rich in a stable, sustainable, humane society.
Edit: People are so enamored with the idea that "with a little hard work you too could be wealthy" but they fail to realize that the truly wealthy will stop at nothing to ensure you get as little as possible, its a zero sum game.
Originally this was meant as a post for the other thread about socialism but it works here too.
I love Steinbeck's writings on 'socialism', modest financial and environmental regulations, an adequately progressive income tax, decent social programs for the needy, and decent wages for ordinary jobs. Those things, however, are described as "socialism" by the current US right wing and the current US media. 'Joe the Plumber' types are doubly wrong. Okay, he's unlikely to become a millionaire. But it's far worse than that. The so-called "socialism" that he opposes would be better for him even if he were a multi-millionaire. The marginal utility of slightly lower taxes for someone who is rich is actually outweighed by the marginal utility of being rich in a stable, sustainable, humane society.
Edit: People are so enamored with the idea that "with a little hard work you too could be wealthy" but they fail to realize that the truly wealthy will stop at nothing to ensure you get as little as possible, its a zero sum game.
Originally this was meant as a post for the other thread about socialism but it works here too.
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