tag:blogger.com,1999:blog-4411161795798360588.post472966397954664552..comments2024-03-26T09:38:39.888+00:00Comments on Borthlas: The cost of fairnessJohn Dixonhttp://www.blogger.com/profile/07447224248021209852noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4411161795798360588.post-7839397522212469352010-10-07T09:50:20.450+01:002010-10-07T09:50:20.450+01:00Spirit,
Redistributing wealth to the rich through...Spirit,<br /><br />Redistributing wealth to the rich through speculation and paper shuffling does not in itself create new wealth either, but it does help to create poverty, both relative and absolute.John Dixonhttps://www.blogger.com/profile/07447224248021209852noreply@blogger.comtag:blogger.com,1999:blog-4411161795798360588.post-9637909907711942442010-10-07T09:44:26.758+01:002010-10-07T09:44:26.758+01:00Let me just comment on your last para in your repl...Let me just comment on your last para in your reply to DoA.<br />Redistributing wealth to the poor does not initself create new wealth but has been looked as handing out a life jacket to keep them flooting.The life choices that most of the poor make contribute to their condition - its no coincedence that there are more betting shops opening in deprived areas than in affluent areas- and the business case to open a new shop is not based on one or two popping in on the off chance.These shops know that through media pressure the kwic win is far more appealing to them than thrift and a life plan to get them out of this dependancy.The result that the spiral continues and the money wasted.Spirit of BMEnoreply@blogger.comtag:blogger.com,1999:blog-4411161795798360588.post-71121451395873567932010-10-06T10:13:55.236+01:002010-10-06T10:13:55.236+01:00There is a difference between income and wealth; p...There is a difference between income and wealth; people on high incomes are not necessarily 'rich' in the sense of having possessions or assets.<br /><br />I don't think I've ever accused the Tories of 'only looking after the rich' as such. My criticism would be more that they have an ideological commitment to things like:<br /><br />competition rather than co-operation as a means of allocating resources; and<br /><br />protecting the existing unequal distribution of wealth and income.<br /><br />Presenting the child benefit change as being somehow 'redistributive' does not look entirely honest to me. If I wanted to attack the principle of 'universal' benefits (and I don't!), then this is probably where I'd start as well, since it gives the impression that opponents are supporting giving benefits to the already well-off.<br /><br />But if they wanted to be truly redistributive, an increase in the level of income tax for all those on higher salaries would be fairer and more effective.John Dixonhttps://www.blogger.com/profile/07447224248021209852noreply@blogger.comtag:blogger.com,1999:blog-4411161795798360588.post-29900613409083641722010-10-05T19:54:45.124+01:002010-10-05T19:54:45.124+01:00I suspect it will be rather difficult to accuse th...I suspect it will be rather difficult to accuse the Tories of only looking after the rich in future. (Before you say people earning £44K aren't rich, let me remind you that they are in the top 20%.)Paul Williamshttps://www.blogger.com/profile/01021606156107333019noreply@blogger.com