by CarlosFerreira » Thu 01 Jan 2009, 17:00:28
$this->bbcode_second_pass_quote('Sixstrings', '')$this->bbcode_second_pass_quote('', 'N')ot only is wealth disparity a good thing.
I believe the more the better!
Here's the problem with excessive wealth disparity. In a capitalist society, greed and lust for material things are the movitvating factors of the populace. The people are conditioned to forever live in envy of their neighbors -- keeping up with the Jones's.
All classes envy the next class up, this goes right up the chain to the mere millionaires envying the multi-millionaires, on up to the biggest yacht competitions among the billionaires.
This system actually works pretty well, as it squeezes maximum effort out of each individual -- everyone is always striving, always working harder to get more than what they have.
So here's where the problem comes in. When a disparity develops which is *too large*, the class below begins to feel it hopeless that they can ever rise to that next class. So the individual, who has been conditioned to live in a state of lust and greed, has no positive outlet for this energy.
This is when they fall into a state of hoplessness, unsastisfied greed, and despair. This hurts productivity, and inevitably leads to more and more social strife.
Therefore, a happy capitlist society is one in which the rungs on the ladders to success are not too far apart -- just far enough to keep everyone happily climbing away.
The problem with excess disparity is when someone has so much wealth, he/she can't invest it quick enough. That's a deadweight loss.