How do we fix inequality in the West?

How do we fix inequality in the West?

I don't care if we're richer than 95% of the world. I care about inequality in my own country.

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start executing the poor, unemployed and non-whites
problem solved

Kill the communists they are causing all that trouble.

shill thread

sage

What is there to fix?

If some leftist faggots were not telling you about you would not even know.

How big of an issue is it really?

Hint: It is not.

Ban guns, it's the only way

>implying income inequality is a problem
good goy

>make business easy/cheap to start

stop being human, thats how.

t. common sense

Deport all oligarchs to Africa.
Both world and domestic inequalities go down

>I care about inequality in my own country.

Why? How does someone having more than you reduce your quality of life?

>Waaaah these people earn too much money! They should give it all to ME!

>says the rich man

You know, it would still be profitable even if you paid your workers more for their work.

Last time I checked, all the rich do is sit around and "manage" (codeword for doing nothing) while middle class do the real work of making sure everything works.

I don't believe in wealth distribution, but I certainly don't believe in letting cancerous tumors continuing to fester. Or those tumors telling the body that they are the most important part and gosh darn it if they didn't exist you'd be so much worse off!

Why is this a bad thing? Fuck the poor.

>Last time I checked, all the rich do is sit around and "manage" (codeword for doing nothing) while middle class do the real work of making sure everything works.
Even if that's all they do (which it's not and the only person who could say that is one who never had to manage a company or even a fucking corporate team) then they were the ones who assumed all the risk involved in investing.

Read 'Equal is Unfair' by Yaron Brook.

>inequality

You mean inferior people being inferior?

And why are the rich able to make such risks?

Because they have the excess wealth to cushion them if they fail which comes from exploiting the lower classes, but of course, that's not true. They got it from all that HARD WORK.

The poor and middle class don't make such risks because they don't have the luxury to.

You act like it's an admirable thing, but in the end it's just greed and comfort that prompts them to reach.

Stop being a lazy fuck that majors in gender studies. It's not hard to pick the right major at a cheap college and make 6 figures by the time your 30. Me and my fiancee did, and we aren't privileged geniuses.

Ya it's not rich, but with a household income around 200k, you can live comfy, and its pretty simple to do.

Are commie leafs literally retarded?

Fairer distribution is the lower percentiles owning more wealth than higher percentiles?

>he fell for the rich are ubermensch meme

Does this mean the jews are the ultimate ubermensch? wow, my eyes are open.

Being born to a higher economic class has nothing to do with character.

I'll note that down. Need to read more pol lit.

>They got it from all that HARD WORK.
Hard work, smart investments, creativity or innovation.

Working smart always trumps working hard.

>hard work
See the next point.

>smart investments
huh, so they pay an economic advisor to tell them where to invest, and thus get more money just by having money, no skill or intelligence or even effort required.

>creativity or innovation
Inventors and scientists innovate.

Advisors come up with new ideas.

All the rich have is money.

I make a significant amount of money swing trading and I almost have enough money saved up to buy a rental property. I'm easily well into the top 75% in my country when you take into account the fact that I'm also debt-free (most Canadians' """wealth""" is tied up in their home).

Inequality is a fact of life, but if you don't think growing inequality is a problem, you just need to look outside in your own country.

If we do wealth redistribution, it should be:
1. One time. The only justification is that wealth must have been gained unjustly in the past. In the future, we must prevent/disincentivize fraud and theft instead of presenting people with the possibility of a future massive taxation. If taxation is continuous, it will inevitably destroy wealth. Reset the game and make it as fair as possible, but then let the cards fall again.
2. It should be worldwide. We need to have worldwide wealth redistribution, so that the semi-rich scum in first world nations aren't benefiting because of an arbitrary border and so that capital flight doesn't occur.
3. It should not be based on ideas of equality. Equality is a false god. Efficiency is the only true god. Instead of bringing people to a point of equality, we should take whatever percentage redistribution we can get- be it 8%, 30%, 50% or 80% and then accept that
4. This should contain some sort of agrarian justice. Use the one time tax to pay land owners the base value of their land, and then implement a percent tax on the base value of their land. This way the land resources won't rise in value as there is more demand for them, because as the base unimproved market value of the land increases, the tax payed would increase, and so prevent this from becoming a source of inequality. The tax should probably fund a citizens dividend.
5. After reparations, some system must be created to universally internalize external effects of contracts. This will promote efficiency and prevent unjust inequality.
>You act like it's an admirable thing, but in the end it's just greed
>implying greed isn't a virtue

nromeis otu

Bill Gates, Mark Zuckerberg, Jeff Bezos, Amancio Ortega, Larry Page, the Walton family.

Pretty much everyone at the top of the Forbes list is there because they thought of, executed and provided a service that people loved and bought en masse.

And Drumpf!

>Does this mean the jews are the ultimate ubermensch? wow, my eyes are open.

They have higher IQ than everyone else. So yeah, it makes since that they make more money. Maybe you should get rid of the tall poppy syndrome.

The only reason we should make people pay money is when they have committed fraud/theft or the wealth was ultimately a product of fraud/theft and then gifted to them.

>Being born to a higher economic class has nothing to do with character.

Hmmmm, really made me think.

remove illegals

remove minorities

remove useless women from the work place.

the remaining population votes for a higher minimum wage and bargains for higher wages.

Force businesses to bring jobs back to the West. Strip business-owners of their wealth and redistribute it if they leave our countries. Remove federal minimum wage so the market can decide the appropriate wages for our workers.

>"manage" (codeword for doing nothing)

You're fucking retarded.

Have you ever actually TRIED managing 10 or 15 people?
It's VASTLY harder than doing your own thing by yourself.

these advisers, with great economic insight, you speak of would themselves start up businesses because of their succes

why would a good advisor work keep working for somebody when he can start up his own company?

While I agree with the non whites part think:

Hitlers solution to unemployment: create jobs for his people but punish those who wanted to be lazy and live off the government when there is work available

Stalins solution to unemployment: basically pic related

Western worlds solution: just like now fudge numbers and ignore it

>if you don't know about it, its not a problem

is this a shitpost or are you actually that fucking stupid

>not remembering (((who))) the top 0.1% mostly are

>how do we fix
>own country

National Socialism

While we don't believe in complete wealth equality in times of shit economy the people should help itself. However inferior races should not get any free money.

The problem is we really are not a first world country. On paper yes but in reality no.

Let me ask anyone who has visited our cities: you saw plenty of nice big houses right?
Now what if I told you that house was divided up into 2-3 apartments? Unless you live in the middle of nowhere house prices are kept artificially high in our country mostly due to very lax foreign ownership laws. It's to the point where the wealthy of our own country can't afford houses.

And this brings another problem: most of the inequality is due to the globalized economy and an internationalist 1% who have no loyalty or even citizenship in the country.

So how do we lessen wealth inequality?

>national socialist economic policy (and government wouldn't hurt either)
>heavy restrictions on foreign ownership
>nationalist economy. Distance ourselves from the globalist economy as much as possible. Canada has an overabundance of resources and there is absolutely no reason that if we industrialized we could not become completely self sufficient

>Remove federal minimum wage so the market can decide the appropriate wages for our workers.
Yeah, removing minimum wage will surely reduce inequalities. Did you know that minimum wage was imposed on the working class everywhere just so the rich could benefit and make more money from them?

>Hmmmm, really made me think.

Not an argument. Codeword for "I can't argue against it, so I'll pretend it's retarded."

Look up the term "social mobility".

Most wealthy people aren't new money in the sense they are self-made, they're old money in that they are just riding off the coattails of a legacy of wealth in their families. Nepotism if you will.

How that makes them somehow better than you is beyond me.

You're no better than a bootlicker.

Inequality only exists because our population can't get decent work.

kill yourself parasite

Yes, because everybody in North America can and should be huge stock owners who own billions of dollars worth of property.

>decent work
how is it decent work when companies will pay people less?

You think companies will pay them more if they abolish the minimum wage? that doesn't make sense at all

Wages for baby jobs like flipping burgers will decrease, wages for skilled labor will increase.

This will definitely solve the problem of inequalities.

The same way we fix inequality in humans. We cannot.

>wages for skilled workers will increase
no they won't if the company wanted to pay a skilled worker more they would, theres no law against that.

Minimum wage was developed to stop companies from flat out not paying people as "unskilled labor". It was directly ruled that because of the such poor wages, people were being robbed of their right to life, liberty and the pursuit of happiness because they could never afford to actually live their lives.

...

How come nobody realizes that National Socialism is literally the solution to this problem and more?

>redistribute all if lelbrons money
>lelbron ends up with more than you again because people want whatever he offers
You cannot fix inequality, and you shouldn't want to. Being successful in the market means you are good at giving other people what they want.

It will. Minimum wage jobs will return to the teenagers they belong to, more skilled jobs will be created because businesses can now afford it thanks to a lower minimum wage, and demand for skilled labor will rise which means wages will be higher.

Because it is not and the German economy after ww1 is not proof that it works.

Not necessarily. You could also be very good at racketeering and forcing people to work in conditions that they don't want to be in.
Not a problem now, but that's what happens under unchecked capitalism. The market doesn't just "fix" it self.

No one wants to buy any good or receive service from a white person...

they are good for nothing lazy shits.

>They belong to people because I said so
>no it doesn't matter that poor people in poor areas have nothing else but poor jobs
You literally can't force 30 year olds out of mcdonalds. It won't fix any income inequality because the standard and cost of living is still at a certain price point that people won't afford if they're paid less.

You have this dumb delusion that if you get rid of minimum wage somehow the wages will improve as if its some sort of cap on wages

The problem is

1. Foreign ownership and globalism
2. Those who inherited money and do literally nothing of their own

I have no problem with a person from my country who does something for their money. What I do have a problem with is the son of rich Chinese commie coming and buying shit up with his dad's ill gotten money just because he can

the non-whites are more valuable to the market
than aggressive white males.

white males are just a bunch of angry puppets only good for throwing rotten tomatoes at.

>businesses will afford it
I don't see mcdonalds or walmart creating ANY more skilled jobs at all and they can already afford it with the profit they garner. Don't pretend like they're strapped for cash because they're not.

>demand for skilled labor will rise
no it won't because people in markets with mass supply still compete for the lowest denominator which means wages fall regardless

>I don't care if I have a standard of living never before seen in the human race
>I don't care if I live at a level above 99% of humans on this earth
>what I care about it someone else having more than me

Wow

>Minimum wage jobs will return to the teenagers they belong to
A ton of teenagers are already in those jobs. They would just be poorer then.

>more skilled jobs will be created because businesses can now afford it thanks to a lower minimum wage
No, if businesses and rich people having money automatically created more jobs, unemployment would already be a thing of the past for 99% of people.

>and demand for skilled labor will rise which means wages will be higher.
Why would it? Businesses employ skill labors when they need to, not when they just happen to have extra money. More employees doesn't automatically mean more profit.

Besides, even if all you were saying here was right, saving a few extra bucks on a small amount of minimum wage employees wouldn't be enough to suddenly employ a bunch of more skilled people.

western dominance in the market was based on winning a lottery... and the money has been wasted by your dads and grandpas

now they want you to pay for their retirement but you have no worth.

LOL

Why should I care about wealth inequality if I'm on a promotion path that will put me in the top 5%?

If I can do it, anyone can.

>That top graph.

That makes no fucking sense, how could the line possibly go down in this situation? This is a load of bs

if the country was just made up of aggressive white males... they devolve into the mud peasants your ancestors are.

Even the IMF has stated that inequality is suppressing economic development as there exists a lack of disposable income which can be captured through innovation and improved product development.

imf.org/external/pubs/ft/sdn/2014/sdn1402.pdf

tldr; if you think only Marxists care about this shit you are even more economically illiterate than they are

>no numbers on the y axis
this is as good of plot as that meme 'scientific advancement' fedora one

>inequality
>a bad thing

OP, are you a creationist? There will always be hierarchy as you are only as equal as you make yourself.

aggressive white males started as peasants and will die as peasants. and all the bullshit history in between will be erased from history.

LOL

Racketeering is by definition a crime so it is not a market transaction.
People work in whatever jobs are the ones that are best available to them. People only engage in a transaction if they perceive they are made better off by it. Just because you perceive a sweat shop job as bad that are good for the individuation work them.

>IMF
>reliable
>not a globalist organization that wants socialism

Equality doesn't exist and WILL NEVER EXIST. You can only substitute it with fairness.

So the solution is to redistribute in our own country to create natives with I'll gotten gains?

The thing is it tackles many problems related to the economy that aren't nescesarily economic

For example: if the middle and working classes would stop paying for the welfare checks going to the lazy and the inferior races we would probably see a dramatic reduction in the "wealth inequality" I know people that could on paper be making 300,000$ a year but still be living paycheck to paycheck because 1/3 goes to taxes before he even sees it and when he buys things he pays another third away in various taxes both directly and indirectly (that is taxes on the company making the product that get added to a products cost)

If the working man did not have to pay for the lazy the old and the stupid we would not have such inequality because we would not be bled dry by taxes

Solution: abolish welfare for all those not willing to work. Keep a very minimal version of it in case of unemployment crisis. Stop throwing money at liberal projects that don't work.

I find it the most ironic that many of these rich are in support of things like welfare and useless environment taxes. It's because they are not the ones who are screwed by it


TL;DR: many of these problems arise due to near crippling levels of taxation making it near impossible to have many savings

This isn't the problem though. There is no undersupply of capital. Around the world interest rates are at zero, near zero and even below in some places.

The problem is that there is no effective returns for this capital. As the middle class dissapears, there is less and less of the population with sizeable discretionary income. This income is the primary driver of economic growth as it can be chosen to be spent on new products and services.

When it doesn't exist, there is no point investing in new ventures because there is no return because no one can afford to patronize them.

So its not even rich people having too much money, its poor and middle class people not having enough.

>assets
>wealth

I can own a 10 billion dollar building that is empty while i have nothing to eat and i would still be considered rich in those statistics. Fuck off you uneducated rat.

Right, so is monopolization and use of child labor. Regardless market forces are being regulated by the state and it's ability to legislate criminal activity.
>Just because you perceive a sweat shop job as bad that are good for the individuation work them.
Not when they only exist for the benefit of the owner and not the employee. That's the issue here. There is no incentive for an owner to pay its employees higher wages if he has no reason to under a pure capitalist system. The workers would have to unionize and strike to demand fair pay, either by taking matters into their own hands or by influencing the government.

Are you aware that huge taxation is a necessary part of socialism, national or not. The nazis ended up with almost 40billion dollars in debit by the time ww2 started. How would that be played off? Through taxation.

UNDERSTAND AND TAKE BACK CONTROL OF MONEY SUPPLY
Are there really that many people on this board that don't know how central banking works?

No the solution is to in an economic sense "build a wall"

Those who have no loyalty to us who even follow an ideology opposed to us should not be allowed into the country and neither should their money. When the people no longer have control of their own economy when it is owned by global elite who see them only as numbered cattle how can you expect that people to create anything and to be wealthy themselves

The IMF long backed neoliberal policies. Calling them socialist is flat out retarded.

Also, claiming that the only alternative to the level of inequality we have now is the chimera of equality is simpleminded to the extreme.

There are varying levels of inequality and the one we have now undermines economic growth.

A system with lower levels of inequality would allow us to develop faster, increase the size of the pie more rapidly and leave everyone better off overall.

That is of course if you are interested in facts and not shitty ad homs made up to defend shit tier assumptions and cretinous reasoning.

America is fine. Equality is stupid and forced and is a fantasy of economic creationists.

Affirmative action, welfare, etc. have never worked and are just rigged systems so the underclass doesn't have to try very hard.

Fairness is equal opportunity. There will always be lazy and stupid people with no impulse control.

So why are you wanting to import people who are poor, more criminally-inclined, and a drain on society?

because socialism in Europe is a Ponzi scheme.

Sweat shop jobs almost 100% of the time pay wages far above the national average. Is this not to the benefit of the employees?

Competition for labour is an incentive to pay workers more, hence why sweatshops, which need a lot of labour consistently pay higher than average wages.

I'm sorry, but you're either stupid or are commenting on something you don't know much about.

Usually, when you have that much money in assets, you can borrow shit tons of money against those assets. That's how rich people usually get richer, they just borrow against their assets to get more assets, which grows in wealth.

The rich get richer.

But then you have lower productivity and miss out on comparative advantage which is literally free gifts.

>top two graphs
>Canadians think people on 70% wealthiest can be poorer than those on 60% wealthiest

This is a joke right?

Nobody is really this stupid are they?

>mfw the MAJORITY of Canadians believe this

Source. One of the major issue with illegal immigration is that you can pay them substantially less than an actual citizen to bypass government regulation.

They don't pay higher than average wages. They are outsourced so the people who own the company can make substantially more for themselves. This is not for the benefit of the employee because they also get out of offering them healthcare benefits by paying them under the table.

I don't support equality you cock guzzling retard.

I never said I do, nor implied it to anyone with any degree of reading comprehension.

I said the current level of inequality undermines economic growth, and less inequality would be associated with more markets that would be captured through effective investment and innovation, further driving growth.

Jesus fucking christ you are stupid.

Paretto principle m8, just because it feels unfair doesnt make it true

I think since it's a wealth graph and not income graph, they want the more wealthy to be taxed so much that they end up with less money than those poorer than them

What a meme country

Why is this a problem? How is it a problem?

I have sympathy with socialists up to the point, where a house and some land is too expensive for most 20 year old somethings these days to start a family....

But then you look at what the other 60% of the 80% prioritize, and you realize these people are narcissistic assholes living in their head.

I might have been a Communist if I still thought the average person was still family orientated.... But that is not the case, so the average pleb can go fuck themselves.

Which group has more money? 10 people making $50k, or 7 people making $70k?

He can't even write a meaningful sentence in his queens tongue.

You are arguing with a literal retard.

I'm on my phone, so I don't have the sources, but Benjamin Powell has his journal articles on his site that cover what I'm saying.

Yes, an example is Brazilian sweatshops employing Guatemalan illegals, they end up earning many times the national average of Guatemala.

They do pay higher than average wages, this is an undeniable fact. Read Powell's papers.

Employees do not want healthcare provided at the expense of wages, read Powell's papers.

It would be eliminated some by not giving it away to those who are literally useless

Germany did not take the tax money and give it directly to people for free instead they taxed a bit more but created good paying jobs and not just "le giant highway" meme but all kinds of jobs most of which would have been permanent (if not for ww2)

The problem is most of our taxes do not go to anything that would benifit is. Most of the welfare goes to inferior races and much of the taxes are literally wasted. Our government just gave a trillion dollars in foreign aid. That does not benefit us at all. Imagine if that money had not been taken?

Much also goes into bullshit like "environmental protection" which ends up in the hands of multinational corporations that are supposedly "protecting the environment"


Fuck it if I can't have national socialism can i at least have national capitalism under a strong leader?

And yet Brazil is cited as the example of an economy where growth is stifled by extreme levels of inequality...

Free gifts for who?

Globalism has hurt the majority of people in this country not helped them

Remember that with globalism there is more at stake than just "oh we can have a few advantages" remember the same people who created this globalist economy also want a globalist government

>be me
>have bachlors in computer science and associates in physics
>can't get hired for entry level position because overqualified
>can't get higher position because no experience
>makng 35k a year delivering pizzas and washing dishes 50-60 hours a week

Yeah, I'd love for someone to give me a job in my field but cucks won't higher me. I'm sure pol will make all kinds of excuses like I'm an autist or whatever, but I did everything right my whole life and got a real degree and still can't get a real job. The idea that I'm poor because I didn't work hard enough is insulting. I worked full time and went to school full time so I didn't have any debt. What do I get in return? Fucking poverty. And when I ask why am I poor people say its my fault.

I should just give up and apply for disability.

>country is now filled with rich dainty cunts who inherited all their money and have never worked a day in their life
Trust fund babies should hang.

You aren't reading, nazi Germany had 40billion in debit. Debit is current consumption at the cost of future consumption. Nazi Germany was a failure.

For consumers.

Good luck telling people that affordable electronics has made them worse off. It's not just a few advantages.

You are just a cunt that thinks he can make the best decisions for everyone else based on his own bias.