Globalisation is causing the biggest shift in relative prices (of labour, capital, commodities and goods) for a century, and this in turn is causing a significant redistribution of income.
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The result will be a dramatic redistribution of income, a rapid erosion of the West's relative economic clout and, for many Western citizens, an end to the cosy expectations of ever rising living standards.
Moreover, whereas the 10% share in 1912 was spent largely on legitimate functions (defense, police, courts, infrastructure), most of the 40% today is spent on illegitimate functions like the redistribution of income, unfunded Ponzi schemes (Social Security), and deeply-larded public employee unions.
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He finds that the redistribution of both income and employment (through shorter working hours) is essential to the project.
Because attempts to defend capitalism strictly within the bounds of a two-sided dialectic can only accelerate the emergence of a populist regime that fuses the centralized economic controls of fascism with the income redistribution of socialism.
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Welfare programmes and redistribution of land and income have brought him fervent support among poorer voters but alienated wealthier Venezuelans.
Not only will it reallocate resources away from unproductive government uses toward more productive private enterprises, but it also will stem the tide of wealth and income redistribution that is stalling the engines of capitalism, instilling dependency among the people and fostering class resentment and a sense of entitlement while destroying freedom and initiative.
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The time has come to get Washington out of the racket of income redistribution.
Democracies tend to evolve two political parties, a party of economic growth and a party of income redistribution.
You applaud police, fire departments, roads and schools, and from this you leap to the moral righteousness of income redistribution?
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But even on purely economic grounds, death taxes are spectacular failures as revenue raisers or a tool of income redistribution.
What's more, the pattern of income redistribution has become much more marked in the past four years as Mr Brown has increasingly played Robin Hood.
Only a few can be net beneficiaries of income redistribution.
They saw urban violence as being useful for furthering their goal of forcing income redistribution on a massive scale.
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More importantly, continued policy focus on income redistribution perpetuates the idea that income inequality is the root of middle class economic problems, rather than the effect, allowing for the continued avoidance of the deep-rooted structural issues in the U.S. economy.
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Most of the people making the argument against income inequality are folks who were in favor of greater redistribution before the crisis, folks who see a moral argument for greater equity irrespective of the economics, and for whom the economics is just a new arrow in the quiver.
The U.S. and Sweden, countries with very different systems of redistribution, along with the U.K. and Canada show the largest increase in the share of income for the top 1%.
Income redistribution theft under the color of law not only is morally wrong, it is also economically destructive.
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Instead, it is the much more Machiavellian question of how to build a case for income redistribution, which is altogether the wrong question to be asking in a free society.
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Its authors note that those near but not at the bottom of the income distribution are often deeply ambivalent about greater redistribution.
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Outside simple products and services for local consumption (consumers spending income directly from energy related jobs, or from government redistribution of energy wealth), and development, funded by energy wealth, of local transportation, power, and water infrastructure (starting from a very low base), what local development there has happened has been economically inefficient building empty skyscrapers in the desert.
That bitterness the obsession with income redistribution and equality, the fear-and-envy approach are traditionally the remit of the far left of U.S. politics.
Poverty is not merely a matter of minimum income thresholds or insufficient resources, nor must it be remedied only through charity or wealth redistribution schemes.
If not, they will vote for income redistribution, in an effort to assure that everyone survives so that they can enjoy the fruits of economic growth, if and when political leaders emerge who understand how to produce it.
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