On 11/6/2013 12:58 AM, Bruno Marchal wrote:
There is nothing wrong being rich, unless the money is stolen money, and that's the case today.
There's nothing morally wrong with being rich, but it creates an ethical problem. Being much wealthier than others bestows a lot of power. If there is no effective government (like parts of Somalia) then the rich hire a personal army to protect their property. Where there is government, the police protect their property and the rich attempt to control the government through propaganda and buying influence. So long as the rich are not so rich as to live in a different 'world' than the middle class and they are relatively diverse this works OK. But the system seems to be unstable in that the rich can and do use their wealth and power to get more wealth and power - and not necessarily productively. So those who inherit wealth tend to gain even more wealth. Society needs to do something to stabilize the system and prevent the increasing concentration of wealth.
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