Why does society need Wealthy/Rich people ? Why should there be different economic classes ? Why can't we have?
Why does society need Wealthy/Rich people ? Why should there be different economic classes ? Why can't we have economic equality ?
- 8 years agoFavorite Answer
The 1%ers caught a break that was actually ment for American Corporations the tax breaks put more money into their accounts and not hiring or retraining workers displaced by Outsourcing.
2002 to 2008 American Corporations took in record profits in the Billions thanks to the Bush era tax cuts. 4 or 5 companies are currently sitting on $4 Trillion and are not hiring or doing R&D.
- 8 years ago
Society doesn't NEED economic "classes". We have people in various economic levels because of a multitude of reasons - one of which is that some people work harder than others. The simple fact that people are different, have different motivations, different goals, different likes/dislikes, etc., etc, means that there will be as many levels as there are people in the world. That's why there is such a thing as a BELL CURVE. When you were in school did everyone study exactly the same, and pay attention in class exactly the same? Of course not. Some studied harder and paid more attention - PLUS - everyone has different abilities for learning. The result is that some get top grades, some get the lowest grades and the majority come somewhere in between. GOVERNMENT should not try and make everyone equal - that would make everyone lazy since there would be no sense in trying to get ahead!
- 8 years ago
I've never really understood the whole idea of the NEED to be as rich as possible to make a way of life. You hear so many people telling you to go out there and make you're own wealth. I didn't realize we were all citizens of a national corporate conglomerate.
Besides, if those neo-cons and libertarians actually got their way and the USA became a business that you HAD to work in, the workers would end up controlling production and owning the country as a labor force. Which would give us a giant middle class and about the same quality of life for everyone involved and the whole thing would run democratically. I love how this irony tastes.
- Robert VLv 48 years ago
The reason we can't have income equality is because all people are not equal mental and physical clones of each other. Our Founding Fathers, who wrote the Constitution (and the Declaration of Independence as well) understood that Equality of Opportunity and Equality of Result are mutually exclusive, and the only way to create equality of result (such as economic equality, is to create the worst tyranny the world has ever seen. Even then the ruling class would still make sure they got the lion's share of resources. Just like in North Korea.
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- Anonymous8 years ago
Well a good example of what happens to a country when communism takes over is look at East Germany when it was taken over and turned into a communist country. The people got so lazy and irresponsible because of the reliance on govt. that when the wall was torn down the people of West Germany didn't want them because they had no incentive to work like the West Germans they had been programmed mentally to rely on the govt. to take care of them since everyone was equal economically under the communist rule so if you eliminate the dream of becoming rich you have eliminated the creators of wealth and employment and instead you have created a bunch of bums.
- BrianneLv 78 years ago
And where in the world did Obama and the rest of the liberals ever come up with the idea that to be rich is wrong and they should divide their money out?? If you came into a big bundle would you like to have someone who refuses to work, or get an education, or live off the system and everybody else get your newly acquired riches? And do you know how long the money would last if taken away from them and divided out, then what? Are you going to use your little stash to create jobs and keep the ones we have going? Didn't think so. Get out there and get your own wealth.
- Mary SunshineLv 68 years ago
Closer economic equality is not as important as equal quality of life for all people. Having rights, health, freedom to choose, sharing of ideas and technology and wealth is all a part of equality concerning quality of the life that humans live.
- Anonymous8 years ago
This comes down to multiple factors.
Firstly, humans are naturally greedy and competitive, you want to do better than the guy next to you. It's instinct.
Another factor is the fact that people who work hard want their hard earned money. Which means, for those who work harder and longer, they want more money, in turn making them wealthier.
A lot of people don't enjoy working, for whatever reason, so why should they get paid as someone who works a lot harder?
You'll find that those who are wealthy/rich have worked hard to get to where they are.
This is an extremely brief answer to your question, but I hope you understand it and learn something..Great question by the way!
- Ed SmurfLv 68 years ago
The jobs have to come from somewhere. It's called freedom. The freedom to succeed. If you want to put in the work you should be able to go as far as your talent will take you. Not everybody can do the job of CEO of GM or Apple so the jobs pay a lot of money. They aren't 9-5 jobs. Some days these jobs may be 16-20 hours with loads of stress.
- 8 years ago
Economic inequality exists because people don't perform or produce equally.