The Mudcat Café TM
Thread #145879   Message #3376036
Posted By: GUEST
14-Jul-12 - 02:58 AM
Thread Name: BS: 58% Say The Rich Deserve Their Wealth
Subject: RE: BS: 58% Say The Rich Deserve Their Wealth
"No one deserves wealth, because wealth means someone else's kid goes hungry." Not necessarily.

A study by (AFAIR) an Australian economics prof. into why capitalism finds favour in some countries and communism in others, found that essentially, capitalist countries were the ones rich in resources. Everyone benefitted when the resources were developed, and the developers got rich. OTOH communism was more at home where resources were scarce and the only way to get rich was at others' expense.