When it comes to 'income or wealth inequity', they characterize money as a finite commodity that is unequally distributed. In this context, they think of money like air or land. There is a finite amount of air and of land. If someone has a lot of land, then that is less land for everyone else. Thus, to them, if someone has $3 billion dollars, that means there is less money available to everyone else. This is crazy, of course, as billionaires generally increase the total amount of money available to everyone, by building companies, promoting industry, and adding substantially to the GDP. Money is not like land, or air.
The left agrees with this premise (that money is not a fixed entity, and is not like air or land) only when it fits their agenda. For example, when they propose some ridiculous and costly plan, they say things like this: “The government can afford to pay for any program it wants. It doesn’t have to raise taxes. The national debt is nothing to fear.” Stated by Stephanie Kelton, Professor of Public Policy and Economics at Stony Brook University and a former adviser to Bernie Sanders.
These are dangerous people.
spot on
socialists think that “money” is always a zero sum game
they essentially have a peasant mentality that is unequipped to understand that “money” is different from land.
similarly, in a world where people are free to innovate, most commodities are not actually finite. they can be made darn near infinite through innovation. (think about oil, for example.......).
but Warren and her ilk WANT us to remain peasants, so that they can enjoy life in the castle, and try to tell us what to do....