Msg. 12780 of 54959 (This msg. is a reply to
12776 by
orda)
Jump:
Hi orda,
the instruments of cooperation correct the defects of individualism.
a proportion of altruism actually is more efficient. one doesn't need to be outraged about inequality. one only needs to know that selfishness leads to less prosperity in total.
economies with progressive (but not flat) tax curves aggregate more wealth.
Yes, we seem to be reliving what our grandparents dealt with. So we should deal with it the same way they did. Bring back trust busting, higher taxes, stronger unions, clean out the demagogues, reinstall glass-steagall and on and on. Co-ops. Etc, etc. We have the playbook.
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