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View Diary: Lotteries Should be Funded with Wealth, Transaction, & Inheritance Taxes (49 comments)

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  •  Because the whole point is that lotteries (3+ / 0-)
    Recommended by:
    slothlax, palantir, cynndara

    are a fundamentally different system with different advantages to command economy redistribution.  I explained this.

    Pour yourself into the future.

    by Troubadour on Tue Jan 29, 2013 at 06:55:17 PM PST

    [ Parent ]

    •  You can label it a lottery but it's redistribution (2+ / 0-)
      Recommended by:
      palantir, MGross

      of wealth.  Why not redistribute it equally?  

      •  Its in the diary (2+ / 0-)
        Recommended by:
        Troubadour, Egalitare
        And since it's random, both geographically and in terms of amount, there would be little or none of the kind of inflationary effects that come from broader command economy redistribution measures.
        All economic activity is redistributive.  This is just a different form of redistribution.

        There is truth on all sides. The question is how much.

        by slothlax on Tue Jan 29, 2013 at 08:22:30 PM PST

        [ Parent ]

        •  So we'd be just changing people in the moneyed (0+ / 0-)

          class? Rotating people in and out of the 1 percent?

          •  No. Nobody would *leave* the 1% (0+ / 0-)

            because of the lottery.  And people would be elevated class-wise to every other wealth level above them, and also just periodically get cash that helps out or at at least gives them a treat now and then.  Some of them would fuck it up and end up back where they started, but some would make a go of it.

            Pour yourself into the future.

            by Troubadour on Wed Jan 30, 2013 at 03:46:12 PM PST

            [ Parent ]

      •  Because that doesn't change anyone's class. (2+ / 0-)
        Recommended by:
        slothlax, cynndara

        The point of command economy distribution measures is to correct market failures; the point of a lottery is to add a measure of randomization to the class structure.  Just equally redistributing money - as opposed to using it to fund services - would drive inflation.  I'm not saying we shouldn't still do it to some extent, but they're very different mechanisms, and certainly aren't mutually exclusive.

        Pour yourself into the future.

        by Troubadour on Tue Jan 29, 2013 at 08:27:57 PM PST

        [ Parent ]

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