Current Events — HabitableZone

Current Events » in reply to Re:Socialism and Communism?

Wealth redistribution is an old populist scam

to gain and hold political power. It's the enactment of an old saying, "He who robs Peter to pay Paul can always count on the support of Paul."

One risk from this scheme is that you can easily end up with a lot more Pauls than the Peters can support. Peter can choose to take his business elsewhere. What happens to all of the Pauls when the system so discourages the Peters so they either leave or don't bother trying anymore?

Given Europe's history where for centuries much of the land and wealth was held by a small number of families, I can see why the idea of wealth redistribution is attractive. I can also see how socialism is a one-way ticket to no where. Ask France about their job creation rates over the past several years. If socialism is such a wonderful system, why were they discussing last year cutting the work week to 32 hours to "redistribute" the jobs among more people.

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