31 Aug '11, 12pm

The dilemma of growth, as dramatized by the voices in my head: via @grist

The dilemma of growth, as dramatized by the voices in my head: via @grist

Fair enough. Whatever, I admit it: it sounds impossible to me. Ceasing growth would give you two options: let the less fortunate suffer and die off, or radically ramp up redistribution -- i.e., take tons more money from rich people and give it to poor people. The thing about rich people is, they really don't like that. And it turns out, being rich, they have quite a bit of political clout. Today's rich people aren't attached to any country; they can move capital about as they please, punishing countries that dare to tax them excessively. Are all countries going to agree to aggressively tax the rich at once? Who's going to prevent cheating?

Full article: http://www.grist.org/article/2011-08-31-the-dilemma-of-gr...

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