Asklemmy

47690 readers

715 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
!lemmy411@lemmy.ca: a community for finding communities

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 6 years ago

MODERATORS

Why aren’t any government making wealth inequality and property supply focused policies? (lemm.ee)

submitted 1 month ago by WyckedKaos@lemm.ee to c/asklemmy@lemmy.ml

59 comments fedilink hide all child comments

Why can’t any government in the world aim to tax ultra rich more whilst making easier for small to medium large businesses to thrive. And policies on property supply rather than property buyers like all sorts of first time buyers programs.

Why are only same old policies keep being peddled when the world is still going to shit?

That doesn’t involve reducing the government size and budget entirely or subscribing to any extreme left or right?

you are viewing a single comment's thread
view the rest of the comments

[–] Cowbee@lemmy.ml 10 points 1 month ago

For clarity, China does tax the ultra-rich, they just don't try to solve the conditions that give rise to wealth inequality through taxation alone like the Nordic Countries do, but through vast and rapid development of the productive forces. The former method, if exclusively focused on, can end up lengthening the process, whereas it is through development of the productive forces that the conditions that give rise to wealth inequality can be truly ended for good.

Essentially, if 1 hour of labor in China can produce more on average than 1 hour of labor in, say, the US, then it becomes easier to fulfill the needs of all, while simultaneously preparing the ground for increasing the ratio of production in the public sector (which works best with large, massive firms, rather than smaller firms, which work best with markets). This is why Marx says markets erase their own foundations as they develop.