Comments on: Does inequality help growth- or hurt it? http://blogs.reuters.com/chrystia-freeland/2013/05/16/does-inequality-help-growth-or-hurt-it/ Sun, 28 Jul 2013 14:34:09 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: danielcamalloy http://blogs.reuters.com/chrystia-freeland/2013/05/16/does-inequality-help-growth-or-hurt-it/#comment-12806 Mon, 27 May 2013 21:35:08 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1968#comment-12806 In this age of global economics the rich still get richer, but on a global scale. The goal of the international bankers and their political lap dogs is exploitation of the natural resources and labor of the people. The economic inequality in the US is just the results of a global push to internationalize currencies, capital and labor. Exploiting the poor and middle classes for labor, both military and civil and exploiting the natural resources of all countries to centralize capital in the hands of the rich. The mass extermination and economic oppression of the poor will continue under the guise of economic expansion and growth. As more of the “middle class” are forced into poverty the end results of the economic equality will be realized the complete enslavement of the majority the world ruled by a minority of super rich ushering in one world government and the rule of the antichrist.

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By: Nurgle http://blogs.reuters.com/chrystia-freeland/2013/05/16/does-inequality-help-growth-or-hurt-it/#comment-12797 Sat, 18 May 2013 20:49:09 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1968#comment-12797 The fallacy with both arguments is that their objective entails economic growth. In my opinion, the best long-term direction for society involves sustainable, environmentally neutral activity on a decreased scale. “Growth” is not a solution to anything, and how best to promote it is akin to arguing metaphysics – ultimately of little import. A substantial contraction in both population and industrial activity is the best thing that could happen to humanity – regardless of what percentage of the population ostensibly controls the distribution of scarce resources.

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By: theAntagonist http://blogs.reuters.com/chrystia-freeland/2013/05/16/does-inequality-help-growth-or-hurt-it/#comment-12787 Fri, 17 May 2013 09:22:55 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1968#comment-12787 Income inequality generally creates an unstable system. However, most economic systems are more or less unstable. Risk management should prevent these instabilities and should make sure we don’t fall apart.
However, that is the key point on which we continuously fail. The only probable method of achieving economic sustainability is monetary regulations that are based on a system of risk management. However, enforcing such systems is usually faced with large political problems. What we’re seeing in Europe is unpopularity of such restricting measures due to the growth restricting and time consuming nature of such legislation, combined with resistance from lobbying influence.
To force the issue popularity has to be won amongst the ‘greater public’ for balanced growth. In my personal opinion a party has yet to rise that is able to sell these ideas.

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By: KenG_CA http://blogs.reuters.com/chrystia-freeland/2013/05/16/does-inequality-help-growth-or-hurt-it/#comment-12786 Fri, 17 May 2013 05:47:54 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1968#comment-12786 Too much inequality will starve the growth engine. If money is being extracted from the economy because profits are being accumulated by a narrow sector of the economy that cannot recirculate it, the economy will shrink. There isn’t a magic number or model, but we have passed the point where an economy can grow organically, that is, without printing money.

When inequality gets too extreme, and so much profit is extracted from the economy that growth stalls, societies (at least those with a loose connection between the people on the short end of the inequality stick and politicians) demand some kind of remedy. The usual remedy is government spending to replace the spending that is not being done by the profit accumulators.

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