Interesting or ironic?

[CA renter]

[quote=sdduuuude][quote=CA renter]Gosh, looks like a great reason to pass a flax tax instead of a (steeply) progressive income tax!

/snark[/quote]

Because this aggregates many countries, it doesn’t suggest either is good or bad.

Assume this scenario: You have one country with 80% of the wealth and 20% of the people, but all the people were equally wealthy; then another country with 80% of the people and 20% of the wealth but all the people are equally wealthy within that country. Assuming they don’t share taxes with each other, it seems the tax system in either country wouldn’t really have an effect on the balance at all.

Would be interesting to see how this looks on a country-by-country basis. It only takes a few Saudi Arabian Princes to skew this pretty heavily, and I suspect they won’t want to tax themselves to balance the power but you can call them and suggest they give it a try.[/quote]

Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.

Wealth and power are concentrated in the top because power and wealth are concentrated in the top.

Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…

[Arraya]

[quote=CA renter]

Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]

Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.

Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.

I like to imagine we are better than this, but I am probably delusional in that respect.

[Arraya]

[quote=CA renter]

Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]

Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.

Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.

I like to imagine we are better than this, but I am probably delusional in that respect.

[Arraya]

[quote=CA renter]

Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]

Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.

Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.

I like to imagine we are better than this, but I am probably delusional in that respect.

[Arraya]

[quote=CA renter]

Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]

Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.

Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.

I like to imagine we are better than this, but I am probably delusional in that respect.

[Arraya]

[quote=CA renter]

Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]

Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.

Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.

I like to imagine we are better than this, but I am probably delusional in that respect.

[CA renter]

We’re on the same page, Arraya.

[CA renter]

We’re on the same page, Arraya.

[CA renter]

We’re on the same page, Arraya.

[CA renter]

We’re on the same page, Arraya.

[CA renter]

We’re on the same page, Arraya.

[briansd1]

[quote=CA renter]

Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]

It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.

[briansd1]

[quote=CA renter]

Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]

It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.

[briansd1]

[quote=CA renter]

Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]

It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.

[briansd1]

[quote=CA renter]

Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]

It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.

[Author]

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