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Originally posted by passthedutchie
If Mr. Fat Cat CEO did not receive his millions, would he be disadvantaged? No. Much of the capitalism we see today is just making the rich richer.
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No, he wouldn't be disadvantaged, but he also wouldn't have any incentive to try to make any more money. "We sure are close to a cure for cancer, but since we already pull in $5 billion a year, the government would just take away any additional earnings we made. So why bother? I think I'll just put my money in this tax shelter instead..."
That's my point. Money is incentive. The opportunity to rake in more and more profits encourages people to take more and more risks. Some are unlucky or take risks that don't pan out, and lose everything. With so much risk, and so much potential to lose large amounts of money, there
has to be huge reward potential as well. The fact that the people taking those risks already have obscene amounts of money is irrelevant.
I'm not even sure what you're advocating at this point. I thought you were saying that rich people should be taxed more, but that's apparently not it. Are you just saying that you wish those companies gave away more of their product to underdeveloped countries? Do you think there should be laws to force them to do so?
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Oh, and by the way, Dennis Leary is not exactly the guy we need to turn to in order to solve a problem.
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Maybe not the guy you turn to, but I think his "asshole" song makes some good points (except for the driving slow in the left lane part
). Yes, my reference was tongue-in-cheek, but the point remains, it's everyone's God-given right to be an asshole.