[lbo-talk] counter this...

c b cb31450 at gmail.com
Tue Oct 11 10:49:20 PDT 2011


Each person in the top ___% has his or her own wealth, i.e., property, that they (except for the Banksters) acquired¹ through voluntarily exchanging a product or service with other people (called customers).

^^^^^^ CB; The rich don't earn most of what they "own". Their labor is not so much more valuable than others' labor such that they should be "compensated" at such higher rates. Furthermore, a lot of wealth is inherited, so it is not even purported to be compensation for value the rich inheritors have produced. They didn't voluntarily exchange a product or service in acquiring it.



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