Daniel Rose: If truth be known, much of this is insider trading profits. Excess wealth should be measured and taxed on several counts. One, much of this excess wealth is from criminal activity or from inherited wealth.. Two, such wealth is way beyond what one person could consider needing or not feeling secure Three, the need to hoard this much wealth should be considered a mental illness. Four the basis of community is cooperation and sharing, not hoarding and greed. Competition is fine, but there must be a time to start and a time to stop. Excess wealth is like running up the score on a competing team. The game should be stopped at that point. Extra-productive people have an obligation to contribute to the welfare of the less productive if they want to continue. They need to think about what is right for the earth and all living beings, not just about money in the bank.
Posted on: Sun, 16 Mar 2014 16:53:36 +0000
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