@Bla
My point is, if you worked your ass off your first 20 or so years to get where you are today, you deserve it.
If you work hard to earn 500k per year, you deserve it. If you worked hard to become an NBA player who earns
5 million dollars or more per year, you deserve it.
The problem is you ignore the process which determines those wages. The NBA player who earns 5 million USD/year does
not perform anything near 3000 times as much work as the Bangladesh clothes factory worker who earns 1600 USD/year
http://www.huffingtonpost.com/2013/06/08/bangladesh-factory-life_n_3407797.htmlTherefore the NBA player etc. do not deserve 3000 times as high wages.
And mind you, most of these NBA players donate their money to NBA Cares or to other charities, so it's not like they are greedy.
Receiving unproportionally high amounts of money for what you do and then giving away symbolic amounts does not solve the problem you received more than you deserved. If the 88 richest gave away anything else than symbolic amounts I would've had nothing to point out, because there wouldn't be persons with 80 billion USD of wealth.
Donations are good but it's naive to think people will just donate the money they don't deserve to those who do.
ok and if you work your ass off for your entire life and live in poverty your entire life i guess you deserve it too
Good point, but I think that should not happen unless if you were born into it, or you didn't complete school and don't have the credentials for a high paying job.
Should as in you think it should be prevented from happening, or you think it won't happen? The fact is that it does happen. Many people who are perfectly capable of working also can't get jobs because unemployment is a fundamental market mechanism in capitalism which acts to keep wages in 'balance'.
Yes, so building a prosperous conglomerate means that you don't deserve a penny that you make.
Again as I pointed out earlier, this is a naive view of money and value. Capitalists do not make the value they end up with in form of money. It is well explained here:
Imagine a worker who is hired for an hour and paid $10. Once in the capitalist's employ, the capitalist can have him operate a boot-making machine using which the worker produces $10 worth of work every fifteen minutes. Every hour, the capitalist receives $40 worth of work and only pays the worker $10, capturing the remaining $30 as gross revenue. Once the capitalist has deducted fixed and variable operating costs of (say) $20 (leather, depreciation of the machine, etc.), he is left with $10. Thus, for an outlay of capital of $30, the capitalist obtains a surplus value of $10; his capital has not only been replaced by the operation, but also has increased by $10.
The worker cannot capture this benefit directly because he has no claim to the means of production (e.g. the boot-making machine) or to its products, and his capacity to bargain over wages is restricted by laws and the supply/demand for wage labour. Hence the rise of trade unions which aim to create a more favourable bargaining position through collective action by workers.
http://en.wikipedia.org/wiki/Surplus_valueOf course, you can donate money to the poor. I have no problem with donating money, as long as I am not financially thin myself. I DO believe that poor people don't deserve the horrible lives that they live, but why bring everyone else down with them and make the problem worse? I think communism is practical and very humane in theory, but not effective in reality. Trying to be realistic.
You don't bring everyone else down to the poorest - you bring the rich down and the poor up - if considering those 88, 3,500,000,000 people would have twice as much wealth while 88 would be poorer. If you want to turn that into bringing everyone down to the level of the poorest you need to give some reasoning for that.
I often see the argument that 'communism/socialism is a nice theory but doesn't work in practice', but I also can't reply to it when there isn't given any reason for why that should be the case. I could merely say the same about capitalism.