More on Wealth Redistribution

 

“A rising tide lifts all boats.”  — JFK

I have some additional thoughts about achieving an acceptable level of wealth redistribution.  There are some methods that have worked in the past: ... not all benign — revolution, economic collapse, a generation or two of ne’er-do-wells, Socialism, war, technological advances, political favoritism, organized crime and religious fervor.

I have already dealt with economic collapse .. see: Wealth Redistribution.  These “methods” can be separated into two groups ... exogenous events and government-controlled events. And famed historian Victor Davis Hanson of the Hoover Institute warns us that government-controlled attempts at redistribution of wealth  never have turned out well:

“History has shown that a government's redistribution of shrinking wealth, in preference to a private sector's creation of new sources of it, can prove more destructive than even the most deadly enemy.” — Victor Davis Hanson

So it seems the answer is ... in a democratic free-market society ... be patient ... time will eventually redistribute the wealth.  It may not be pretty ... or to the “right people” ... but, one way or another, it will occur.

STAND UP FOR AMERICA!