The Democrat Primary Race Is Filling Up

[2A_Tom]

I think many economists have expressed concern about wealth concentration. You don't need to be a socialist to be concerned. Personally, it isn't likely to affect me or my kids. But sometimes one must think beyond the boundaries of one's family and recognize that the long-term effects of wealth concentration is slavery.

There is a group that is in the .01 -.001%. Kind of what I would call wealth concentration. It seems to me that a large percentage of those people are liberals. There are some that would be more conservative.

I would guess that in the US it is more of a bottom heavy bell curve, however there is access to moving up or down the curve. How would you even the wealth curve?

The other countries that you speak of are none of our concern. If they take advantage of our advancements that is good, if they oppress their people that is their business. We should not be attempting to tell them what to do.

 

[jamil]

Exactly. That’s what happens under socialism and crony capitalism. And those that are the beneficiaries will do everything they can to maintain that status quo.

Well, yeah. “Slavery” figuratively. Like maybe someone controls the choices so you end up with nothing but take it or leave it propositions. But that’s not literally slavery.

 

[GodFearinGunTotin]

Well, yeah. “Slavery” figuratively. Like maybe someone controls the choices so you end up with nothing but take it or leave it propositions. But that’s not literally slavery.

No, not chattel slavery. But slavery in the sense you have very little say in the way you live your life, liberties severely eroded, and dependent on your masters for various, life’s necessities.

 

[Leadeye]

There's

Your choice

Chance

The choice of others

 

[jamil]

1 in 8 US households have a net worth of $1 Million or more. More millionaires means more wealth inequality... it's math.

Socialism doesn't have that problem.

No. Everyone is poor. Well, except for the guy in charge living in the palace. And his cronies.

More wealth inequality does not mean less wealth is distributed overall. Wealth is not zero-sum. The slope for most people is upwards. For rich people it’s much steeper, so of course they accumulate wealth much faster. So then, over time they get much richer. But the slope is still positive for most people. I’m not saying there are no ill effects of wealth inequality. But it’s not the dire situation that people like to imagine.

 

[BugI02]

You call yourself a University, there is an expectation that you represent a University. If he said he was an FBI agent, he'd be in jail. But, because he's just lying about a University, then it's OK I guess. Sort of a poor man's Trump University.


....oh

20 second web search, straight to the horses mouth

https://www.prageru.com/faq/
Frequently Asked Questions

Does PragerU have an ideology?


Every person and every organization has a value system and a set of beliefs. PragerU is no different. We believe in the principles that have made America great. We believe in economic and religious freedom, a strong military that protects our allies, and in the religious values that inform Western civilization, also known as Judeo-Christian values.

Are you an accredited university?


No, PragerU is not a university, nor do we claim to be. We do not offer degrees. However, we are the most influential online resource for explaining the concepts that have made America great.

Given that Democrats represent themselves as patriots with evidence of said claim being merely pro forma, I will allow Prager to call itself a university. A University Press confers no degrees but does purport to create educational materials

 

[BugI02]

No. Everyone is poor. Well, except for the guy in charge living in the palace. And his cronies.

More wealth inequality does not mean less wealth is distributed overall. Wealth is not zero-sum. The slope for most people is upwards. For rich people it’s much steeper, so of course they accumulate wealth much faster. So then, over time they get much richer. But the slope is still positive for most people. I’m not saying there are no ill effects of wealth inequality. But it’s not the dire situation that people like to imagine.

Abepo fails to note that while the US wealth distribution is a skewed distribution (because we have so very few people at the bottom end of the distribution), it is in no way an abnormal distribution mathematically beyond that skew. On a log scale for income it is a near perfect normal distribution

 

[Alpo]

A university press, as defined is a known and common term. University, in this case, is a Proper Adjective.

Prager University, prima facie, is a co-opting of the Proper Noun, University. Prager is the adjective. They don't offer a disclaimer at the onset of any of their articles or podcasts.

Defending their right to the name is specious, as is the organization (if he has one).

 

[Alpo]

Abepo fails to note that while the US wealth distribution is a skewed distribution (because we have so very few people at the bottom end of the distribution), it is in no way an abnormal distribution mathematically beyond that skew. On a log scale for income it is a near perfect normal distribution

according to you

 

[2A_Tom]

 

[BugI02]

according to you

That's the beauty of math, you can prove me wrong - provided the proof exists

I'll wait

 

[Alpo]

View attachment 84842

You asked a good question above on how I would even wealth. I'm not avoiding answering. It's a difficult question to answer. I need to think about it more in order to distill it down to a few key points.

But, I do know this: Our focus on the short-term, both in terms of the politics of budgeting (even though we talk about 10-year budgets), and Wall Street demands, are problematic.

 

[drillsgt]

I had colleagues involved with MERI at Columbia. While I think they were mostly Dems, they were basically patriotic Americans (this was late 80s, early 90s).

Can't judge this Prager guy by those associations, but neither does it mean he's pro-Russian.

Could be worse he could’ve spent his honeymoon there I guess.

 

[BugI02]

A university press, as defined is a known and common term. University, in this case, is a Proper Adjective.

Prager University, prima facie, is a co-opting of the Proper Noun, University. Prager is the adjective. They don't offer a disclaimer at the onset of any of their articles or podcasts.

Defending their right to the name is specious, as is the organization (if he has one).

Well, I'm pretty sure the 'school of hard knocks' isn't actually a school, in the strictest sense of the word, either. It does purport to impart knowledge, though

 

[Alpo]

The term would become meaningless under Prager's definition. He's a charlatan.

 

[SheepDog4Life]

There are good and bad effects as a result of wealth concentration. And while science fiction writers by and large picture a dystopian future as a result of burgeoning populations and corporate-controlled states, that doesn't need to be true. It largely depends on the manner in which wealth is used by those who are wealthy. I won't be so bold as to tell them how to spend their money, but I will say that the 7 deadly sins are as old as Christianity and have their roots in Greece and Rome prior to that.

Well, I don't know about all of that... but I don't have a problem with people succeeding and prospering in the top two quintiles...

I am concerned about wage stagnation in the two quintiles below that... and I do think that the illegal immigration problem has sucked a lot of the wage growth out of a number of skilled trades that used to provide solid middle-class blue collar incomes, skills that led to small business creation, and a path from the bottom 3 quintiles to the top two.

Uh, you seriously fact-checking their name? They don’t claim to be an actual university. It is a 501c org that produces videos on political topics from a conservative point of view.

About the Russkies, you’re joking, right? You guys need a new shtick to blame for opinions you don’t like.

But of course the Russians are great when they need a good pee-pee memo.

No, not chattel slavery. But slavery in the sense you have very little say in the way you live your life, liberties severely eroded, and dependent on your masters for various, life’s necessities.

So wealth accumulation leads to socialism/communism? Someone gotta explain that arc to me.

You asked a good question above on how I would even wealth. I'm not avoiding answering. It's a difficult question to answer. I need to think about it more in order to distill it down to a few key points.

But, I do know this: Our focus on the short-term, both in terms of the politics of budgeting (even though we talk about 10-year budgets), and Wall Street demands, are problematic.

Agree wholeheartedly.

 

[nonobaddog]

Meh.. much ado about nothing. There are tons of Universities world wide that are no different.

https://en.wikipedia.org/wiki/List_of_unaccredited_institutions_of_higher_education

 

[2A_Tom]

You asked a good question above on how I would even wealth. I'm not avoiding answering. It's a difficult question to answer. I need to think about it more in order to distill it down to a few key points.

1. you have more money than I do so you owe me some.
2. Either I can take it from you at the point of a gun, or
3. The government can take it from you at the point of a gun, keep the lions share and give me some.

But, I do know this: Our focus on the short-term, both in terms of the politics of budgeting (even though we talk about 10-year budgets), and Wall Street demands, are problematic.

Income inequality has absolutely nothing to do with the government.

I work and get paid what I am worth and you work and get paid what you are worth.

The rich have more to work with and invest it the way they want.

Many men that may or may not have been rich invested in me as a carpenter. I tried to make their investment pay and according to what I got paid they thought that I did.

I cannot name the .01 - .001% ers but I guarantee they are probably smarter or have different/better skills than you or I.
They made that money and I believe that they should not give the government .000000000001% more than you and I

If someone inherited their fortune it belongs to them and not anyone else.

 

[Alpo]

You modified a statement I made with your words. That isn't appropriate. Please remove it.

 

[KG1]

Show me any evidence that Prager has tried to misguide anyone into thinking there is a real accredited university in his name.