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From: mmt@dciem.UUCP (Martin Taylor)
Newsgroups: net.politics.theory
Subject: Re: Redistribution of Wealth & the Economy
Message-ID: <1404@dciem.UUCP>
Date: Sat, 16-Feb-85 12:51:59 EST
Article-I.D.: dciem.1404
Posted: Sat Feb 16 12:51:59 1985
Date-Received: Sat, 16-Feb-85 15:03:35 EST
References: <326@gargoyle.UChicago.UUCP> <utzoo.5031> <1370@dciem.UUCP> <5045@utzoo.UUCP> <whuxl.480>
Reply-To: mmt@dciem.UUCP (Martin Taylor)
Organization: D.C.I.E.M., Toronto, Canada
Lines: 29
Summary: 


>> About the ``everybody being better off'' proposition:
>>
>> I have yet to hear *anybody* say that ``the rich'' would be better
>> off if you took money away from them.
>> Laura VCreighton
>> utzoo!laura
> 
>It *is* possible that the rich can be better off by redistributing some of
>their income to those less well-off. This can happen if people no longer
>have enough money to buy the goods produced by the factories and means of
>production owned by the rich.  ... (Tim Severner)

Tim goes on to give examples from the Depression and contrasts the
Marshall Plan "giveaway" that rebuilt Europe with the vengeful policies
that followed the First World War.

Laura's claim that she has yet to hear *anybody* claim the rich
would be better off if you took manoy away from them just shows that
she hasn't read "North-South" , the report of the Brandt Commission.
Its central theme, reiterated in the most forceful way, is that the
rich countries can never hope to have stable economies, or to stay rich,
if they don't greatly increase their giving to the poorer nations.
Foreign aid, like welfare, isn't charity.  It is survival.
-- 

Martin Taylor
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