星期三, 五月 14, 2008

It is a problem, isn't it?

I just watched David Cay Johnston Talks About Free Lunch. It makes me thinking about a question:how can these super-rich always find a way to secure their position and improve their wealth? Or why do the politics always serve these top 0.01% more? I also remember that on Free to Choose, Milton Friedman repeated saying that many (if not all) taxes are transfer money from the poor to the rich.

Is this problem embedded in our society (so it cannot be called a "problem")? It will always be there. The difference is the degree of power/wealth the rich can have. Or how much freedom the poor can enjoy. In The Wealth of Nations, Adam Smith found that the poor had more freedom since more money used in the economy. This phenomenon was also noticed by Georg Simmel.

Then, what kind of change will happen in the future? What direction will it go?

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