The concrete policies most modern socialists propose--high confiscatory taxes and aggressive wealth redistribution
, free college, publicly provided universal health care (and, often, the abolition of private alternatives)--are far more likely to wreak devastation on the well-being of Americans than they are to finally achieve utopia.
Sarah Quinn shows that since the Westward expansion, the US government has used financial markets to manage America's complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution
In the end the reader is still left with the unanswered questions of what is wealth, why wealth equality is desirable, and what is the relationship between the program of wealth redistribution
and Christian social thought.
class="MsoNormalSmall enterprises play a very important wealth redistribution
role in the economy.
But the fine pre-poll words are not expected to translate into wealth redistribution
The UN goals, as this magazine has documented, include national and global wealth redistribution
, government control over the economy, globalist indoctrination of all children, surrendering more sovereignty to global institutions, and much more.
Yet, it was not surprising that many of the global elites gathered at Davos avoided talking about the need for wealth redistribution
, or the need to prevent tax evasion by the rich, despite the shocking Panama Papers scandal which had broken out just a couple of years ago.
But the strongest argument against tax amnesty is that it defeats the major role of public finance in income and wealth redistribution
. The basic tenet of income taxation is to collect more from those who have greater ability to pay and redistribute them to the poor in the form of transfers or better and more public services.
On the socioeconomic front, inequalities can be curbed with policies that go beyond standard interventions, like wealth redistribution
. It has been shown that people can be empowered with skills training and better health care, as well as with bargaining rights and appropriate regulation of labour contracts.
In the UK, the Labour Party was unable to wrest power from the squabbling, poorly led Tories, largely because it is itself divided on major issues such as Brexit and the desirable degree of wealth redistribution
. Far away in Brazil, the Workers' Party lost the presidential election.
"The government does not have a targeted wealth redistribution
policy, which, coupled with the pay cuts suffered over the past years has led to high levels of social and work-related insecurities, and is creating bubbles in the economy," said Stefanou.
There has been a kind of silent wealth redistribution
under his watch.