Comment Wealth vs Consumption (Score 1) 19
tax the wealth of the extremely wealthy, and make it easier to form unions. The number of roadblocks to unionizing have increased over the decades, which is one of many reasons there's been such an obvious, ongoing, inexorable transfer of wealth from the working class to the owning class.
I understand wealth is easier to measure than consumption but other than that why are so many, possibly a majority of people so focused on the wealthy having to much wealth? Wealth is the means of production. Why do you care who owns it? Shouldn't your main concern be that the wealth we have is well used? And that we are creating more wealth to make future generations more productive? What you should care about is how much consumption people have. A house is wealth, it provides housing. Personally I think it is more important to have housing for young people, housing that allows people to move and have geographic mobility and enough housing for everyone than have housing as the primary investment vehicle for the middle class. I think it is more important that people have inexpensive food, that they can conveniently buy regardless of who owns the grocery store. If you track consumption you will notice it isn't the top 0.01% of people that are competing with you for it. The rich don't eat more than you, they are not your main competition for housing in places you want to live. They don't consume enough healthcare or vacations or cars to in anyway have an effect on what is left for you. The very rich probably have the same cell phone as you.
In fact if you do think about consumption you might be able to figure out why our youth are so f#$ked and who is screwing them so badly. Unfortunately most people can't bring themselves to think like this because they want to be the screwers.