Especially successful multi generational wealth likes it’s crisis as well, specifically recession is a necessity for their wealth. So often enough a war or pandemic is a time to buy up assets for cheap and just hold them, for the rich, while everyone else is put under austerity.
Rather sadly the only things that have ever significantly reduced wealth inequality are wars, revolutions and plague. All of these affect poor people much worse than rich people. If you’re interested in making people’s life better it’s most effective to work on policies that make the worst off better off (like immigration and trade)
I was disagreeing with this remark. How does my comment has to do anything with the US government?
So you do agree that almost all of that money (salaries for gov employees are a very small percentage) is income for those private companies? Not spending, income?
Demand in resources, contracts to industry and stripping people of rights and independence can be very benificial to them. Well-managed constant struggle is a way to achieve that. It sure needs planning ahead and controlling the state, but they do that to some degree anyway.
Rich people don’t like wars or climate change, they like stability and maintaining the status quo
Especially successful multi generational wealth likes it’s crisis as well, specifically recession is a necessity for their wealth. So often enough a war or pandemic is a time to buy up assets for cheap and just hold them, for the rich, while everyone else is put under austerity.
Rather sadly the only things that have ever significantly reduced wealth inequality are wars, revolutions and plague. All of these affect poor people much worse than rich people. If you’re interested in making people’s life better it’s most effective to work on policies that make the worst off better off (like immigration and trade)
Tell that to weapons manufactures. Literally one of the biggest income sources of the US.
Which weapons manufacturing company did the governement own again?
They spend almost 800 BILLION dollars yearly on military. That’s spending - not income.
I was disagreeing with this remark. How does my comment has to do anything with the US government?
So you do agree that almost all of that money (salaries for gov employees are a very small percentage) is income for those private companies? Not spending, income?
You said it’s one of the biggest income sources of the United States. What is “The United States” if not the government?
The. . . country?
When I say the US makes the most trucks in the world, do you take it to say the US government makes them?
Okay sorry I misunderstood then
Demand in resources, contracts to industry and stripping people of rights and independence can be very benificial to them. Well-managed constant struggle is a way to achieve that. It sure needs planning ahead and controlling the state, but they do that to some degree anyway.
If there’s a financial upside, they’ll find it.