tag me with a spoon: mikehudack: ... I’m sorry, this won’t work. The people most vulnerable...

bq. p. mikehudack itch-banks-if-you-dont-like-it :
…p. I’m sorry, this won’t work. The people most vulnerable to having their wealth transferred to the wealthy, via predatory bank fee policies, are the least receptive to education and have the fewest options. Far simpler is to have the government step in and prohibit the predatory…

But there is moral value. The unreceptive to education will be punished! This will make the wise more receptive toward education and provide a mechanism for bleeding resources from the unwise. Such social mechanisms have immense value – they put resources in the hands of wiser people. Who also happen to be really greedy!

I love that you two continually are hashing out the oldest, most profound political problem on the planet. It’d be awesome if a NEW WAY spawned from Tumblr debates! Marx, Engles, Keynes and Friedman WILL MEET THEIR MATCH WITH THE INTERNETZ.

Originally posted at http://rickwebb.tumblr.com/post/871749001

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