Comments by "" (@steemlenn8797) on "Japan's Poverty u0026 Distrust in Politics" video.

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  6.  @The_Phoenix_Saga  There are 2 things very problematic with the "no redistribution" approach. 1) It's mathematically proven that not doing it will concentrate ever more wealth in ever less hands. Which leads to financial slaves, indentured servants, daughters sold to landowners and so on. 2) Unsurprisingly, in the past that has always resulted in "pitchforks". Historically rulers have tried to prevent a violent collapse of society by regularily declaring debts void. That is the jubilee year of the bible. In the 20th century such a collapse in Europe was prevented by the wars leveling (except for the very rich) the wealth distribution. And of course democracy and the welfare state. The USA temporarily took the top there with 90% maximal tax rate, which actually lowered the richest richness a but for a short time. The welfare state is been slowly eroded in the last decades, inequalities have risen and so has right wing extremism. In the USA it's the Tea Party that has taken over the GOP which now tries to install an autocracy based on their ideology with the project 20025. In Europe several countries already have far right parties in the government. Germany just had 2 state elections where the AfD got ~30% of the votes. That is the party that is (in those states) officially "right wing extremist" with a fascist (court accepted term, which in Germany is a very heavy weight word) in the top. I don't know about you, but between a fascist World II and a fair redistribution where people who get millions out of dividends pay more than 10% income taxes, I choose the latter.
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