alt Hacker News> Probably comes from the only real solutions to poverty, are transferring portions of wealth from richer people, to poorer.
What a strange conclusion. Why is that the only real solution? How much wealth was transferred from rich to poor during 1870 to 1950 in the US (when most of the US population was freed from poverty)? What was the mechanism that transferred the wealth? Where and when did this wealth transfer reduce poverty, what are the historical examples of this solution working?
Replies
davedx • today at 6:09 PM
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This is a good example of where the conversation goes, when the subject comes up.
The issue is not with resource transfer, but of resource hogging.
History also shows a fairly regular cadence of what happens, when an elite minority starts accumulating all the resources for themselves, to the detriment of most.