Making the rich richer

Doug Henwood dhenwood at panix.com
Mon Jun 21 18:59:06 PDT 1999


Miles Jackson wrote:


>I don't understand how they can live with the cognitive dissonance
>here: on one hand, the government should not "give" people any
>resources because it undermines their motivation to work; on the
>other hand, giving people inheritance money is an incentive to
>acculmulate yet more wealth. Any logically consistent, rugged
>individualist capitalist would reject the notion of wealth transfer
>via inheritance. Interesting how the rhetoric of "individual
>achievement" is selectively applied here.

Clearly you don't understand the higher capitalist wisdom, which is that to "incent" rich people to work harder, you give them more money, and poor people, less.

Doug



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