Reply #36: How slow the concentration of wealth? [View All]

When you say:
"Obama's progressive policies slow down the concentration of wealth, if not reverse it."
what do you mean?

I would certainly agree about exploitive wealth, which should be stopped, not slowed down.
I do not purchase California produced grapes for that reason.

Can you describe an optimum end result to the progressive policies that you describe?

Please do not go into a long dialectic, quoting philosophy from many authors and sources.
Been there, read that.

Try to give a "progressive executive summary".

PS:
The L-Curve image is a distortion of the true curve which is asymptotic.
I would agree the any income derived by exploitive, unethical or dishonest means should not be allowed.
This would mean that a number of Lehman Bros. traders who were Liberal democrats would be quite a bit poorer.

There is the matter of accumulation of wealth through meritocratic means, (i.e. a better product or service
created or sold by ethical and honest means).
If the excess income is used to help others, is that an unacceptable concentration of income?