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Wednesday, January 15, 2014

Income redistribution to go global?

Income redistribution, unfortunately, has received new life after the total demise of its adherents in the Communist world. With the demise of the Soviet Union and its grip on Eastern Europe, Marxism was exposed as a fraud -- a Utopian ideal that is not based on the real world and is thus doomed for failure at the outset.

Today, however, the notion that what I earn is not mine but belongs to government, which then takes it and doles it out the way they see fit, is seeing a renaissance.
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