tag:blogger.com,1999:blog-479830240587990195.post2238817477043578796..comments2024-02-21T10:13:00.928-05:00Comments on Iliocentrism: Should the Rich Be Condemned?Ilíonhttp://www.blogger.com/profile/15339406092961816142noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-479830240587990195.post-92125604612156388232011-12-04T14:20:15.695-05:002011-12-04T14:20:15.695-05:00"No, high incomes do not always represent the..."<i>No, high incomes do not always represent the democracy of the marketplace.</i>"<br /><br />Crude,<br />You are not representing Williams, and you don't even appear to be trying to do so.<br /><br />“<i>Now, you can tell me, "Right, well, his argument isn't praising businesses or individuals who make money on those terms."</i>”<br /><br />Indeed, I might. Or, to Ilíonhttps://www.blogger.com/profile/15339406092961816142noreply@blogger.comtag:blogger.com,1999:blog-479830240587990195.post-52380532532489592592011-11-29T02:58:13.443-05:002011-11-29T02:58:13.443-05:00Here's a definition of "rich person"...Here's a definition of "rich person" I like to air now and again: "someone who excels at meeting others' needs and satisfying others' desires". I think that is true in a profound sense, notionally and historically. What I will grant, however, in a Marxian vein, is that successful concentration of capital is not socially inert, for the rich can more and more easily Codgitator (Cadgertator)https://www.blogger.com/profile/00872093788960965392noreply@blogger.comtag:blogger.com,1999:blog-479830240587990195.post-28016704917750844832011-11-28T04:27:54.561-05:002011-11-28T04:27:54.561-05:00I'm understanding him entirely. His presentati...I'm understanding him entirely. His presentation has flaws. Particularly when it comes to Gates, since Gates built his empire on intellectual property - and that opens a complicated can of worms. To see that in starker relief: was the Mickey Mouse Act an example of capitalism at its height?<br /><br />No, high incomes do not always represent the democracy of the marketplace. You know damn Crudehttps://www.blogger.com/profile/04178390947423928444noreply@blogger.comtag:blogger.com,1999:blog-479830240587990195.post-61945065929841523732011-11-28T00:42:02.980-05:002011-11-28T00:42:02.980-05:00I don't think you're understanding him, at...I don't think you're understanding him, at all.Ilíonhttps://www.blogger.com/profile/15339406092961816142noreply@blogger.comtag:blogger.com,1999:blog-479830240587990195.post-54259094095471654482011-11-27T01:09:00.999-05:002011-11-27T01:09:00.999-05:00One problem I have with Williams' article is t...One problem I have with Williams' article is that he's picking out some of the best of the best wealthy of all time, highlighting their best acts, and then using that as the standard. What happens to the argument he's making when Bill Clinton or Al Gore is the millionaire in question? How about when we look into the sort of games Edison got into with his rivalries, or Carnegie? Or Crudehttps://www.blogger.com/profile/04178390947423928444noreply@blogger.com