USNationalist
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Redistributing wealth is a good thing.
It's a bad thing and I prove it by taking on on each point you made in the following:
It prevents bubbles by taking capital out of the hands of a the irresponsible few (wealth in the hands of a small class inevitably leads to risky investments).
On the contrary, it creates bubbles. Bubbles are another flavor of inflation. When a person does x amount of work:
a) If they receive exact credit for that work, the market is perfectly balanced. It's an even give and take.
b) If they do not receive exact credit for that work (redistributed to that hands of someone else who didn't perform that work), we have an uneven market. People have taken, but not given.
It results in healthier, happier workers, which increases productivity.
It results in less happy workers, because you are making less, your quality of life is less. An increase in productivity is nonsense, because energy if finite. If you take from the people, they buy less. Taking from a person's wages may appear to increase productivity if the system you are testing is tested in a small duration and very narrow scope, but due to energy laws, lowering a wage no more increase overall productivity than dancing creates rain.
If the small amount eeked from the workers doesn't lead to: (1) added energy in the market, (2) the take over of foreign markets or (3) increased efficiency that creates energy there is no increase in overall productivity. If perhaps you do achieve on of these things you have to measure the cost of lowering person's wage (wealth redistribution) to the quantity of that energy or the benefits of a new market.
And it results in investment in the production of real goods and services (rather than bets, which characterizes how the rich "invest"). The latter occurs in two ways. First, working people consume real goods and services, which increases the incentive of private capital to invest in the production of those goods and services.
They may only consume more if one of the three happens. Primarily, in capitalism, it doesn't happen, because capitalism competes on the micro level, business to business, not the macro level, government vs. government.
And second, working people start businesses and always have -- the more capital they have, the more business start up.
Energy is finite. If you start up a business and you do not add energy to the market in doing so according the three numbered items above, you are only redistributing wealth. If it doesn't satisfy any of the three points and it's only aesthetic choice it arguably ok, but the transition costs the economy for that change. Starting up a business isn't necessarily good for the economy, unless energy increases at the same time.
In short, your post is economic teabaggery.
Keep your homosexual metaphors to yourself. They are irrelevant and vomitory.