tag:blogger.com,1999:blog-4394552178596880761.post1688101327905339255..comments2024-02-27T03:18:45.096-05:00Comments on The Pragmatist: Maximum Wage and the Limits of Human InequalityPavel Podolyakhttp://www.blogger.com/profile/04593845585071446247noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4394552178596880761.post-25074496266994451882011-01-17T21:33:53.127-05:002011-01-17T21:33:53.127-05:00You make compelling points. This country has been...You make compelling points. This country has been overrun by robber barons before.<br />Whenever too many millions came to loathe them, they became irresistible fat targets even for the politicians.<br />Look at all the mileage Teddy and Taft got out of becoming known as trustbreakers.<br /><br />Still, the present situation is worrisome. A recession is fairly good news if you're an Giovanni Dannatohttp://www.gluontheferengi.comnoreply@blogger.comtag:blogger.com,1999:blog-4394552178596880761.post-34250326871347895312011-01-16T17:47:50.658-05:002011-01-16T17:47:50.658-05:00Well historically, a lot of social change occurred...Well historically, a lot of social change occurred when a reformist (kinder masters) faction of the oligarchy sensed popular anger and rode it to overpower the more conservative older entrenched oligarchs (cruel masters). They've done it strategically and out of sense of self preservation since they knew that if the old system continued unchanged, the poor would take everything violently. ThePavel Podolyakhttps://www.blogger.com/profile/04593845585071446247noreply@blogger.comtag:blogger.com,1999:blog-4394552178596880761.post-68812244211219137532011-01-15T17:39:17.842-05:002011-01-15T17:39:17.842-05:00An inseparable part of the problem here:
If it...An inseparable part of the problem here:<br /><br />If it's the oligarchs who are in power, who's going to tax their assets and restrict their movement?<br /><br />Even if these oligarchs don't actually fill the positions of power, they have plenty of influence over those who do.<br /><br />As income disparity continues to grow, the higher the payoff for supporting the oligarchs over Giovanni Dannatohttp://www.gluontheferengi.comnoreply@blogger.comtag:blogger.com,1999:blog-4394552178596880761.post-23618816290253146702011-01-15T16:33:09.586-05:002011-01-15T16:33:09.586-05:00The issue of how to squeeze resources out of the g...The issue of how to squeeze resources out of the globalist oligarchs is a very important one. Thanks for bringing it up. So far there are very few ideas concerning it such as the Tobbin tax on movement of transnational capital investments. A lot of the richest Americans aren't even nationals anymore since they got rid of their citizenship to be citizens of tax havens like Cayman Islands. TheyPavel Podolyakhttps://www.blogger.com/profile/04593845585071446247noreply@blogger.comtag:blogger.com,1999:blog-4394552178596880761.post-20639063218030015142011-01-15T06:08:43.581-05:002011-01-15T06:08:43.581-05:00The disparity between 'should' and 'is...The disparity between 'should' and 'is' is unfortunately quite vast.<br /><br />At present the incentives do not encourage egalitarian behavior.<br />Those at the top have the power to pay themselves disproportionately. Therefore they do.<br /><br />Such avaricious behavior may entail significant long term consequences, but the elites can just skip town and set up shop somewhere Giovanni Dannatohttp://www.gluontheferengi.comnoreply@blogger.com