<Ned> Front Porch
Now that I am back where the weather allows for one to sit on the front porch.... :-D
I would like to invite people to a discussion of something that sits in the back of my mind as important but a kind of topic that most people avid like the plague.
One of the most dramatic affects of capitalism is the dramatic changes it has on wealth distribution. If you look at plots of the changes in the Gini indices over time, you will see quite starkly where capitalism was introduced into a developing country. I think that I want to limit this to English (American/British) capitalism as compared to the social capitalism of western and northern Europe.
This redistribution of wealth that comes with the growth of capitalism may be dramatic but the questions I have are about if it is a necessity or even a desirable outcome. What are the social impacts of this accumulation of wealth to the few at the expense of the many?
May I invite the discussion to begin.
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