Greg Southworth [EMAIL PROTECTED] wrote:
> 2) It spreads the capitalist marketplace, and ownership, from the ground-up 
> rather than trying to grow it from the top-down by encouraging broad-based 
> ownership in the economy. 
>  

I think you are confusing liberal propaganda. wealth doesnt come about
from the ground up or from the top down as much as from people creating
value expressed through property. government generally just needs to get
out of the way and allow people to generate there own prosperity.

> 3) It addresses one of the concerns about the concentration of capital in 
> fewer and fewer hands without resorting to redistribution schemes.

concentration of capital is inevitable because small differences in perception 
in
every choice you make contribute to vast inequality of outcome. ie
a company needs only be incrementally better to gain disproportionate
market share.

the idea of a lesser concentrations of capital is a socialist fantasy.
concentration of capital in asset classes follow parreto distributions
which are straight lines in a log-log graph. the idea that you can
radically alter a paretto distribution other through force and coercion
is the great liberal acheles heel.

Vic



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