CURRENT EVENTS May 22 - July 5

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But let’s not pretend all visions are equally valid just because they’re sincerely held. Some beliefs uphold oligarchy. Others fight for democracy.
There have been a lot of smart people who didn't think democracy was a desirable social/political arrangement. Plato, Hegel, Nietzsche. LOL, maybe even Marx. Well, he believed in democracy as long as it led to socialism, but is it really democracy if it must lead to a predetermined end? Anyway, there's a pretty long list of serious thinkers over the centuries whose views can certainly be debated with but it seems a little bit arrogant to call them invalid, although I'll admit I'm not quite sure what you mean by valid. I mean, oligarchy is just as "valid" as democracy. Maybe not as desirable to some people, but I'm not sure what that has to do with validity. There are lots of ways of thinking about the world and lots of people have done it. Democracy (and dialectical materialism for that matter) are just two ideas in life's rich pageant, but none of them are self-evident, the Declaration of Independence notwithstanding. Speaking about them as if they are is a strategy, I suppose, but don't expect everyone to buy it...
 
You say you don’t believe a market economy can avoid concentrating power in the hands of the wealthy. I agree, to a point. That’s exactly why we need democratic intervention to redistribute that power. It’s not about a perfect world where no one ever has influence; it’s about building a system where concentrated wealth doesn’t dictate the terms of life for everyone else. That’s not utopia. That’s a fight we’ve waged before with labor laws, progressive taxation, and antitrust enforcement. We can do it again.

You argue we shouldn’t legislate a “wealth glass ceiling” but instead create a society where the wealthy choose to help. But that’s a moral wish, not a policy. We’ve tried that. It’s the logic behind trickle-down philanthropy, tax breaks for donations, and the Gates Foundation world. It hasn’t worked. It can’t work because it still leaves essential decisions in the hands of people whose power comes from hoarding, not sharing.

I get the discomfort with “us vs. them.” But that language only feels harsh if you assume the current system is neutral. It’s not. It already takes sides, just not ours. When just three people have more wealth than half the country, and they use that wealth to kill housing bills, weaken labor protections, and shape elections, that’s not just a moral problem, it’s structural one. I don’t think it’s divisive to name that; it’s honest.

So yes: I want a society that fosters generosity and solidarity. I don’t think we get there by hoping billionaires become more virtuous. I think we get there by making hoarding impossible in the first place.
Will not work. It's wealth inequality. No one is saying there can't be millionaires and billionaires. Just saying that you shouldn't take away from the lower earners just to make it easier for the rich to get richer.

What happens when there is another housing bubble burst? You think those rich folks are going to still be virtuous?
A society is only as strong as its poorest members.
 
Lumping millionaires and billionaires together erases the scale of the problem. That’s why no one says millionaires shouldn’t exist. A millionaire might own a small business and a nice house. A billionaire owns industries, shapes markets, and can buy legislation. The difference isn’t just a few zeros, it’s systemic power.
THIS!
 
I’m saying that in the system we’ve inherited, democracy is the moral and political currency. And if that’s the standard, then billionaire dominance is a direct contradiction.
Capitalism is also the system we've inherited and billionaire dominance is certainly not a direct contradiction to that. Quite the contrary, actually. I suspect that you have some ideas on capitalism. I also suspect that they wouldn't go over very well with most participants in our current culture and society, regardless of their political leanings. I do very much enjoy reading your thoughts on all these matter, though...
 
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