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RE: No Freaking Way! My friend’s answer to wealth redistribution.
Hello @fijimermaid
The answer is very correct, otherwise we would have already overcome this enormous gap that separates us economically and stratifies us as a class, this is a truth that historically has marked us as a society, positioning a group in power, and leaving another even larger group receiving subsidies. Thank you for sharing your point of view.
Yeah, progressive wealth redistribution (though taxation, debt monetization and deleveraging) is to encourage that a large portion of a nation's wealth is enjoyed by the majority of people, which makes civil unrest and revolution less likely. Contrary to popular belief in the United States, progressive wealth distribution is not meant to be fair, it's meant to ensure civil stability.