tag:blogger.com,1999:blog-2761684730989137546.post8660609705180510422..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Catherine Shakdam — Wahhabi Saudi Arabia and the Disappearing of Islam’s Heritagemike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2761684730989137546.post-39118966517423315562016-07-21T22:54:35.820-04:002016-07-21T22:54:35.820-04:00Matt Franko,
Separate wealth and political power ...Matt Franko,<br /><br />Separate wealth and political power and unequal distribution would greatly reduce over time. There would be no need for redistribution. The incumbents will find that they are winning not because they are smart, but because they have a thumb on the scale.<br /><br />Redistribution is needed only if the incumbents resist the loss of political power. And they always do.Jeff65https://www.blogger.com/profile/10718489243428165684noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-3640079943255485062016-07-21T19:14:19.677-04:002016-07-21T19:14:19.677-04:00The only thing between left and right, good and ba...The only thing between left and right, good and bad, right and wrong - is <i>you.</i> Look around – it is people making the choices.<br /><br />Whatever path they choose, it is for the exact same reason: - they want to ‘feel good’. Even at the expense of others.<br /><br />If you say to people there is a way of feeling good, simply by sitting down and going inside, their eyeballs roll around in their sockets. :-)!<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-27493100787788291042016-07-21T14:54:33.079-04:002016-07-21T14:54:33.079-04:00"btw imo the left attacking all of the "...<i>"btw imo the left attacking all of the "inequality!" misses it too..."</i><br /><br />Is you who are missing it, there is just too much back up that says that the higher economic inequality a society has, the worst social problems are.<br /><br />And don't conflate inequality re individual characteristics with economic inequality. In this context inequality means skewed distribution of income and assets, nothing more and nothing else.Ignaciohttps://www.blogger.com/profile/16082008115484199316noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-83834367407883724662016-07-21T11:04:00.334-04:002016-07-21T11:04:00.334-04:00I would say it is more about fair share than numer...I would say it is more about fair share than numerical equality of income and wealth. The owner-worker share ration is approaching the Gilded Age in the US and it's worse world-wide. When a very small number of people relative to the total population own or have claims on almost all the resources, people start thinking that it not a fair share and there must be something wrong with the distribution system. The just deserts explanation has broken down. People don't know exactly why because they do not understand economic rent, rent seeking, and rent extraction. Most economists do have have kept their mouths shut because they know who butters their bread. Not only that, economic rent and rent extraction is associated now with Marxism and communism. But now the BS is breaking down as prominent economists like Joe Stiglitz start blowing the lid off the scam.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-8121461631376686672016-07-21T07:16:48.147-04:002016-07-21T07:16:48.147-04:00btw imo the left attacking all of the "inequa...btw imo the left attacking all of the "inequality!" misses it too... all of that "inequality!" BS from the left seems to me like the ostrich sticking its head down in the hole.... left doesnt want to admit that people are "unequal"... like a collective repression of this reality...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-30161306101856141412016-07-21T07:08:33.090-04:002016-07-21T07:08:33.090-04:00"Equating Wahhabism with Islam would be like ..."Equating Wahhabism with Islam would be like equating Christian Dominionism with Christianity."<br /><br />This is interesting Tom... what is probably going on is that Christendom has a sort of the same problem with its own sectarianism so it can't understand/deal with what is going on over there very well either...<br /><br />Most often imo people cannot recognize/understand important divisions...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.com