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Debate Topic: Poltical/Economic Theory (Little Upsilon)

Simcountry: Simcountry Bulletin Board  Debate Topic: Poltical/Economic Theory (Little Upsilon)

Zetetic Elench dam Kahveh (Golden Rainbow)

Monday, June 30, 2008 - 11:55 pm Click here to edit this post
John Fire: Hovercar company: A socialist government does not CAP the profit a company can make. It applies progressive taxation so that companies that make obscene profits pay proportionally more than those who make more modest profits.

These extra taxes should then used to pay for infrastructure and welfare to provide a well-educated, healthy workforce who can travel to work on an efficient transport network rather than standing on overcrowded commuter trains or sitting forever in a traffic jam (assuming the cars hover, rather than fly).

These workers arrive at work less stressed and are more productive. That is a far better use than for the money to go in the pockets of shareholders, only to perhaps see the light of day 20 years later when they feel a bit guilty and decide to donate some to charity.

The company can keep producing hovercars because it will still be profitable and still return a large amount to shareholders. It is only fair that some of this money should be returned to the workforce in the form of welfare, etc. by taking a slice from the top of the pile. This is a much more effective mechanism for wealth redistribution than just giving the poor more money.

Oldguy: "Welfare keeps a group of the population in basicly a state of slavery. Why work then the state gives it to you?" I agree some welfare systems are far too generous. That said, even on minimum wage in the UK, you are far better off than on unemployment benefit. It is our ridiculous system of compound benefits for a variety of reasons that allow so many people to live off the "dole" - unemployment benefit, housing benefit, single parent benefit, etc. They add up.

My point is, there is nothing wrong with the principles behind a socialist system, no evil or attempt at slavery. It's just that often the bureaucracy isn't up to it. That doesn't mean it should be abandoned, but improved. Hell, America has been working on its democracy for two centuries and they still haven't got the vote in the District of Columbia.

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