Excellent spot. I wonder if other people think about this a lot. I do.
This man says here that we are facing a crisis (not using that word
lightly) in which the inequality of wealth and the lack of upward
mobility will create conflict. When that happens chances are that the
people will turn to more authoritarianism in order to quell the conflict
at which point freedom is gone. He gives the examples of several
democracies just prior to WWII that chose that course. He is a
billionaire who has promised to give half his billions away along with
Buffet and Gates and others. But that will not do the trick. According
to him capitalism must be reformed to return advantage to the lower
classes and taxes must rise on the wealthy for that to happen. He gives
the odds of that happening as 60/40 for a negative outcome. I think
about this a lot and that is why I do not dismiss out of hand the
radical solutions proposed by some in our society. I believe that it is
too late for anything less that that to work. I'd be very interested
to know what you think. Please be civil and provide cogent arguments to
your statements.
Principles of Ray Dialo
Watch this short video to see what this man thinks.
