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how should wealth be divided in a community and who gets to decide?

one of the most difficult conundrums that global leaders are struggling with right now is how the redistribution of wealth should be carried out.
do some deserve more than others?
should it be divided equally or based on need?
what is the deciding factor and who has the right to make this decision.

  • Feb 18 2013: "should it be divided equally or based on need?"

    I think history proved that socialism and communism do not work. People need incentive and feel rewarded for their work fairly.

    I think the main questions are:

    1. how much each segment of society should be taxed? Is it fair that wealthy are paying less taxes than ever before and have means to minimize their tax contribution by paying good accountants and saving money in safe heavens?

    2. how much influence corporations and wealthy should have on the government to influence laws for their benefit? How much lobbies and political contributions should be allowed?

    I think wealth distribution within society should be about rewarding effort and ingenuity and at the same time giving everyone the same opportunities to succeed.

    An interested and somewhat related article:

    "Meanwhile, “profits have surged as a share of national income, while wages and other labor compensation are down,” notes Paul Krugman. Walter Russell Mead agrees: “The old industrial middle class…has been hollowed out, and no comparable source of stable high income employment has emerged.” Recent data supports that: “Incomes rose more than 11 percent for the top 1 percent of (American) earners during the economic recovery, but barely at all for everybody else … Median household income is about 9 percent lower than it was in 1999.”"
    http://techcrunch.com/2013/02/16/this-time-is-different/
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    Feb 18 2013: How should farmland be divided in a community?
    Should farmland be equally redistributed or should the 1% that could turn it into a massive amount of food get the majority?
    Just like the average person can’t turn farmland into a good amount of food, the average person can’t turn money into wealth.
    So consider this the average tax on millionaires is above 30%, but in Russia it is 15%. Your logic would have Russia increase its 15%, but because they did not Russia has billionaires.

    Now which is greater 50% of millions or 15% of billions?

    So just like dividing/redistribution of farmland would create starvation, the dividing/redistribution of wealth creates economic starvation.
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    Mar 1 2013: .
    It should be divided ethically, or by instincts of symbiosis.
    (Our ancestors’ successful experiences)

    Not by economics, which makes invalid happiness, greed, inequality, crimes, wars, environment destruction, ... human self-extinction.


    Wrong?


    (For details, see the 1st article, points 1-3, 14, at
    https://skydrive.live.com/?cid=D24D89AE8B1E2E0D&id=D24D89AE8B1E2E0D%21283&sc=documents.)
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    Feb 20 2013: I would say that the people who work the hardest and who take risks should have the most wealth.
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    Feb 20 2013: My first inclination is why should wealth be redistributed?. Wealth is usually a response to efforts by individuals.
    No matter, if it's causing difficulties to global leaders, we should all brain storm a responsible solution.
  • Feb 19 2013: The system of redistribution of wealth cannot work until all the participants are willing to put other people above their own greed and selfishness. Otherwise you'll get corruption and abuse of the system, as demonstrated in most if not all Communist governments worldwide.
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    Gail .

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    Feb 18 2013: http://www.ted.com/talks/richard_wilkinson.html

    Now the question becomes what to do? Do you require the wealthy to turn over most of their money to a government that has shown that they will spend it foolishly? (At least in the USA).
    • Feb 18 2013: I think government can do both - spend money foolishly and spend money wisely.

      We need the wealthy individuals to contribute fair share. If they don't like government spending they can demand more transparency and more accountability from the government and government politicians.
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    Feb 18 2013: so the question is, how much chunk of money we should forcefully take from some people, and give to some other people? you don't see any moral implications about that?
  • Feb 18 2013: Everyone should have access to and "be given" their equal share of the world's resources that every single person on this earth needs to live, simply by being born. But not only that, these resources we all need, are here for everyone, they are not "more for the rich or those who can afford them", they are not to be owned by any individual, corporation or country, and in some way, they were given, placed or granted freely, not to be misused, wasted (by the wealthy and those "who earned the right to waste them" (this is disgusting) or the right to mismanage them.

    Anyone who sees that differently, is a sick human being, not worthy of even being called one.
    Sorry about the truth.
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      Feb 18 2013: No one was discussing the world's resources, or access to human needs, Random. The question concerns redistribution of earned wealth. The two do not go hand in hand.
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    Feb 18 2013: I'm not very comfortable with the idea of redistribution of wealth if it involves taking from the rich to give to the poor.
    The rich should give out of genuine love and concern, laws can not make them do that. But it is not helpful to have a mass of poor people with entitlement mentality.

    These things are complex and would not be handled by rash decisions. Many rich have made their money by honesty and hardwork and persistence. Many poor are such due to laziness, foolishness and irresponsibility.
    Just like we've got rich folks who get their money by crooked means and unjust economic systems; and then those poor folks who suffer because of the failure of the system.

    Societies should step-up the fight against corruption and greed; leadership should focus on selfless service and businesses should do the same.
    There would always be poor folks in the world; but we should never condone systems that keep people as the wretched of the earth.
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    Feb 18 2013: Most of it should be left in the hands of those who earned it.