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wateroverfire posted:"Look, chronic hunger and poverty is easy. Just give people all the free food and money they need and tax the rich to pay for it! What's so hard about that?" It is that simple though. It's not going to happen, but that doesn't make it complicated, just unlikely.
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Oct 17, 2014 18:43
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Guy DeBorgore posted:I know this is getting into derail territory but... what are you picturing here? Just take, say, all of the profits made by American companies ($1.8trillion in Q2 2014 according to Google) and distribute it to the bottom 50% of the world or something? Do you actually think something like that could work? Even if you assume there's no transaction costs and no corruption the result would be economically ruinous, and not just for Americans. Eradicating World poverty is probably outside the US's power, but we could be trying literally thousands of times harder than we are to do so. Seven trillion dollars per year or whatever could pay for a whole lot of third-world infrastructure and feed a loving LOT of starving people. Aside from that, there is absolutely no lack-of-money reason that the US has any homeless people. Let alone millions of them.
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Oct 17, 2014 19:52
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