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“It’s not right for individuals to accumulate a massive amount of wealth that’s equivalent to millions and millions of other people combined. There’s nothing fair about that.
“We saw that at the turn of the 19th and 20th centuries with the Rockefellers and Carnegies and Mellons and Fords of the world. That kind of accumulation of wealth is dangerous for a society. It shouldn’t be this way.”
Coupla questions.
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What is unfair about family wealth remaining within the family that created it?
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What is fair about taking that wealth from that family and arbitrarily redistributing it to random strangers?
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Why is retained family wealth dangerous for a society?
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Why shouldn’t it be this way, and who should determine that it won’t?
Renowned economists Thomas Sowell and Walter E. Williams said it best.
Thomas Sowell.
“I have never understood why it is ‘greed’ to want to keep the money you have earned but not greed to want to take somebody else’s money.”
And Dr. Williams:
“But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you — and why?”