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Re: wealth and property rights
>Adam Back wrote:
>>
>> Steve Boursy writes:
>>
>>> That's a fair question. I don't begrude one's ownership of their
>>> fair share--but I do have serious problems with what we shall
>>> call 'accumulators' if you will. For them I have contempt and no--
>>> they do not have that right of possession and often such 'work' is
>>> at the expense and on the backs of others.
>>
>> I'm an accululator :-)
>>
>> The investments I have I worked for.
>
> Well of course you have--but the majority of people
>in the world that are poor have worked just as hard
>and do not derive the same benefits--that needs to
>be changed.
>
> <clip>
>
>> See, if you spend your money now, on the above, you have no right to
>> criticize me when I look relatively wealthy later. It's your choice
>> to blow your money.
>
>
> I agree--that's not what I was talking about--the majority of wealth
>is handed down not earned--and the ability to earn also more often
>than not results in hand me down priv.
I believe it was Thomas Jefferson who was successful at getting the
practice of primo geniture outlawed in Virginia (it was later adopted by
all the other states). He believed in a 'meritocracy' or sorts and abhored
any practice which would create a merchant or political aristocracy in the
new Republic. Unfortunately much of his wisdom was ignored (e.g. objection
to a central bank, and the forbidding of one generation to indebt another)
and we suffer the consequences to this day.
>
>
>> Btw, people of your mentality (communists/socialists) already make it
>> very difficult for me to accumulate,
>
> We do our best--some day we'll take it all away--really.
>
> Steve