If Everyone is Rich, there would still be Poor among them.

@ParaTed2k (22940)
Sheboygan, Wisconsin
January 2, 2008 8:37am CST
Class Warfare Warriors like to make arguments about how great life would be if everyone made the same amount of money. They talk about how there would be no hunger or crime and everyone would have a job that wanted one... and the job they want to do. That's all nicety nice and everything, but it's also bunk! The problem with the utopian halucination is basic economics. Nothing that is available to everyone has any value to anyone. If everyone made $100,000/year, then that hundred grand would have about the same buying power as leaves on the trees. How would you get a person to trade your dollars for their goods and services if they had all the dollars they need? For that matter, why would they even be offering up their goods and services for what everyone else has in abundance? Ok, so money would be worthless... that would be cool too, right? Ok, sure... but unless everyone had everything that they need or want, some things would emerge as more valuable than other things. The people who had more of those valuables than other people would then be what we call, "the rich". To offset this, those valuables would have to be distributed equally among everyone just like money was... which of course, would take the value out of everything... until something else emerged as valuable... You see the problem?
2 people like this
7 responses
@kamran12 (5526)
• Pakistan
4 Jan 08
Hello ParaTed2k! Your argument about $100,000/year having no value for anyone if everyone gets the same amount is logically faulty, if I understand your argument rightly. You are presuming that people work for money as an ‘end result’. Yes, they work for money but not for money itself rather to get/buy something they need/want. Hence, unless everyone has everything, one needs/wants…getting equal amount of money will not make it valueless. And, as everyone can’t have everything, there will always be trade, either through money or through barter. Having said that, a system where everyone gets the same reward (communism) is intrinsically unnatural and unjust and destructive for society. Undeniably, all people don’t have same potential and intelligence. Those who have more potential and intelligence deserve more reward than others and have the natural right to have more. Equally unnatural, unethical and destructive is Capitalism. Communism fails to take into account not only the difference of potentials and aspirations among humans but also one set of undesirable part of human tendencies like laziness, lack of motivation, determination and struggle. Thus, it “forces” more capable people to work not only for less capable but also for lazy. Capitalism fails to take into account not only the incapable people (whose presence can’t be denied in any society) but also another set of undesirable human tendencies like greed, selfishness, elitism and lust for power. So, Communism leaves out the upper, say, 10%, and capitalism leaves out the lower 10%. An economic system in which everyone at least gets the very basic necessities of life and at the same time people with more potential are allowed to excel is more likely to serve best. A system where upper 10% are not “forced” to work for others and a system where lower 10% are not left out to die of hunger and cold is what can work progressively. I think of society as a human body. We have different parts, some vital and some not as much important yet needed for the body to function fully well. There are even those few things in body which are apparently quite useless, like a vein in our legs, but become very useful when treating some vital parts. One can still live with rash on skin, or pain in finger or even without finger but not without brain. Still, a paining finger gets attention of Brain and other parts where they contribute to get it fixed. A society should be just that, in my humble opinion, giving one his/her due share and importance but caring for everyone.
1 person likes this
@loudcry (1043)
• India
6 Jan 08
Hi Kamran. I'd like to know how you propose to take care of the bottom 10% . Here's my own take on this age old debate of capitalism vs communism. Well, we have agreed that communism is no good. I's like to take on The argument made against capitalism. Capitalism does not pormise to eradicate poverty or hunger. It only promises to safegaurd indivisual rights, and ensure that the creators of the society are not exploited.
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@ParaTed2k (22940)
• Sheboygan, Wisconsin
4 Jan 08
Actually, Kamran, we agree here, its just your points aren't aimed at the point I was making. If everyone made $100,000/year, money would be worthless because something else would become the standard of barter and status. Believe it or not, there is just as much a "class system" within each of the monetary class systems. Since income doesn't separate them, they find other (equally as artificial) ways to put some people above and below others. ~~~~~~~~ "The fatal flaw of capitalism is it assumes everyone is honest... the fatal flaw with communism is, it assumes no one is." ~ One of ParaTed2k's (Not So) Famous Sayings.
1 person likes this
@kamran12 (5526)
• Pakistan
6 Jan 08
Yes ParaTed2k, we agree on your main point as conveyed by the title of this discussion. My only disagreement was that having equal amount of something doesn’t render it valueless or worthless. I can elaborate but I think you already see from where I am coming? True, that when every body will have same amount, we can not logically define richness in monetary terms and that there will be something else as standard. But, theoretically, richness is defined on the basis of disparity of a common denominator. If not money, it will be land, gold or anything of physical value. Defining all physical/material things as common property will eliminate physical and visible form of richness. We will then be left with other forms of richness but then they are present in today’s world too like richness in voice, beauty, talent, imagination, intellect, wisdom etc i.e. anything that doesn’t belong to direct physical need. I believe it also addresses your point in your second paragraph about classes within every monetary class system. It doesn’t mean that I am proposing such a system; I won’t as it is unnatural. I think of Communism and Capitalism as two sides of same coin. Seeing China and America as symbols of present day communism and Capitalism, I would argue that both promote elitism.
1 person likes this
@urbandekay (18278)
2 Jan 08
Yes, I agree but what would be good would be an economic system that didn't seriously hamper some from maximising their potential. Also it would be desirable to remove restrictive trade practises that hamper the free market. Where qualifications hinder market forces such as the cartels run by lawyers then some balancing forces should apply. governments should not subsidise the arts or sport nor employ heavily restrictive international trade agreements like those of the US. all the best urban
1 person likes this
@ParaTed2k (22940)
• Sheboygan, Wisconsin
2 Jan 08
There will always be a segment of any society that is hampered from maximizing their potential. The goal of society should be allowing for the maximization of the most people possible. Just as checks and balances keep government running the best it can, personal freedom (and potential) is best maintained through checks and balances between the people, the community and the government. If either get powerful enough to exert undo force on the others, it is personal freedom that suffers.
@urbandekay (18278)
2 Jan 08
That's pretty much what I'm saying, thinks I all the best urban
1 person likes this
@KrauseHome (36448)
• United States
8 Jan 08
Wow, this is an interesting concept, and truthfully it makes a lot of sense when you think about it. I am sure we would have a lot of unhappy people, and people having to wonder where there next meal would come from etc because in my opinion, if people were earning this type of $$, then they could charge us $100 or more for a gallon of gas, 1 or 2 million for a house, $300,000 for a car, etc. And they could do it, as they would think nothing of it considering how much everyone is making.
@ParaTed2k (22940)
• Sheboygan, Wisconsin
8 Jan 08
Exactly the point. If everyone had all the money they needed, market forces would have to increase prices to meet equilibrium. $100,000 a year is nice, until you have to pay $100 for what should cost $10.
@loudcry (1043)
• India
6 Jan 08
The flaw with the system of the uthopia in question , is not that all trade will come to an end if all people had equal amount of money.Trade will go on ,because people will have needs which other people will fulfil for a price( the irony is at this point all people will no more continue to have equal amount of money). The proposed system cannot be acheived. It's not possible to ensure that all people have the same amount of money. Even so, if we were to try, the means we'd have to resort to , would be immoral. Simply put, we'd have to take money from the the people who have it and give it to people who dont. This is where the immorality lies.
1 person likes this
@ParaTed2k (22940)
• Sheboygan, Wisconsin
7 Jan 08
Exactly, which is why, no matter how we try, things will never be equal or fair.
@runsgame (2031)
• India
8 Jan 08
nice debat here yaar. pls do not think that they will never be a poor man . i will be there always . other than god all are poor in one or another occasion .
1 person likes this
@ParaTed2k (22940)
• Sheboygan, Wisconsin
8 Jan 08
Poor as a source of pride. Hmmm, interesting concept. ;~D
• United States
8 Jan 08
Exactly, and I couldn't have said it better. Human endeavor has value. It has to be compared to other human activities. Life doesn't have worth otherwise. See I didn't say it better. :)
1 person likes this
@ParaTed2k (22940)
• Sheboygan, Wisconsin
8 Jan 08
I don't know, you said it pretty well.
@PunkyMcPunk (1477)
• Canada
8 Jan 08
Yes ted I agree with you. If we all had $100,000 yearly then yes money would devalue and as you said be as worthful as leaves on trees. Also those store owners would then need to increase the cost of their items meaning a loaf of bread could verywell then cost $250.00 rather than the $1.15 we are gripping about now (at least in my area haha). I am IDEALISTICALLY Marxist Communist which means that I would LOVE to live in a society without money. We all work for the betterment of each other. But again yes you are right, so we abolish money and decide to barter. Well I live on a farm. My cows and eggs, butter, and milk, pigs and chickens would be worth more than say your.... ability to burn cds for me. so yes everything would still have a value and we would still have rich and poor which is why the communist utopia is flawed as is democracy but they can still be ideals to hold to our hearts. Without hate there wouldn't be love and the same can be said of rich. Without poor there isn't rich. It's just what is. Great topic Parated! You rock!