Hay Dude
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- Aug 28, 2012
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Neat question! I hope that it doesn't disappoint that I don't have the answers....
Trickle down sounded good - very Jeffersonian & intellectual. As a economic system it hasn't faired well. Part of that is because trickle down does obviously promote divisiveness - and in doing that, the trickle down legacy is responsible for part of our social problems today.
My own utopian economic system would be based on a standard health and education for everyone - public or private - until they are adult. Then after that, riches in proportion to how much a person benefits society. i.e. socialism for the young followed by pretty pure capitalism. Not too different from what we have right now.
I'm afraid I differ from the American ideal in that I don't believe in inherited riches for a do-nothing class. If that offends anyone, it's nothing personal, I simply don't think that a democracy can survive if it spends its profits financing a hereditary aristocracy.
rScotty
I look at the SVB bank failure and subsequent rescue by the G________ as a way of financing hereditary aristocracy.
I think the sign on the bank doors typically says
$250,000 is one thing. I didn’t know it was extended to multi million dollar companies?