Quote from: Shantel on January 27, 2014, 02:09:59 PM
I recently heard that about 65 people now control half of the world's wealth, while a big percentage make around $2 a day.
Kind of interesting to note where people make $2 a day, most are places that redistribute the 'wealth'.
The wonderful fact is, wealth can't be redistributed, just destroyed. I say wonderful because, the day this is understood (and it's not that hard), then the horrible failed ideologies that ruin so many lives may die forever. I know, it's unlikely, but I can dream.

Rich people have simply created a great deal of value for the rest of us. From high tech to medical life saving breakthroughs and treatments, the rich do some pretty good things. Their creating value doesn't take anything from anybody, it creates opportunity for the rest of us to create wealth. Thus, societies that attempt to redistribute end up with nothing.
Reminds me of Charlie Brown trying to kick the football, he never learns it's never going to happen...