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To: conservativemusician
Could you elaborate?

Money gives you power.

Power can be used to achieve more power.

Were this not so, of what use is power?

Doesn't the richest player in monopoly dominate the board, eventually driving the other players to ruin?

Such is the tendency of unchecked wealth in real life.

A thousand and more years ago, land was wealth.

The more land someone acquired, the more power they had, and the more land they could take from the less powerful.

Unchecked, except by the few equally as powerful, the noble class and feudalism evolved.

If people today were allowed free reign to use their wealth to accumulate more wealth, we would have a return to feudalism, except that today's wealth is not symbolized by crenelated walls--so if you identify feudalism with castles, vast domains, and chain mail, you might miss the modern variety.

86 posted on 01/12/2003 11:59:42 PM PST by Age of Reason
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To: Age of Reason
If I'm not mistaken, and please let me know if I am as I do not have the data handy, there are more millionaires per capita in the US today than at any other time. Entrepreneurship is alive and well.

A fear of a return to feudalism may have been well founded circa 1900 during the era of the robber-barons, before Teddy Roosevelt.

I believe the current tax structure punishes achievement, making it more difficult to accumulate wealth. There are no taxes on existing wealth. The lawmakers in Washington that have inherited or married wealth(see Ted Kennedy and John Kerry) seem intent on making it difficult, through taxes, for the rest of us to attain that wealth.
92 posted on 01/13/2003 5:38:53 AM PST by conservativemusician (cut taxes now)
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