Ron: "Would we gain much if the financial wealth of the upper 1% were spread amongst the lower 99%?"
Yes, of course, we would gain a lot. Mainly because whoever ends up in the new recalculated top 1% will be comparatively less wealthy and powerful than the ancien 1%. Of course, since we're fantasizing, a hypothetical reallocation should go much further. On Wed, Oct 30, 2013 at 8:32 PM, <[email protected]> wrote: > * *"Michael Perelman" <[email protected]> wrote: > > > My own intuition is that rich people compete via $$$ and fear of > falling begin > > < takes a toll. The certainly have privileges, but whether they enjoy > their lives is an open question. > > > > > http://freakonomics.com/2008/04/22/the-economics-of-happiness-part-4-are-rich-people-happier-than-poor-people/comes > to > > the conclusion that rich people are considerably happier than poor people. > > > Would we gain much if the financial wealth of the upper 1% were spread > amongst the lower 99%? > > > -- > > Ron > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > >
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