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RE:Computer is not everything.
by TongInChic on Aug 07, 2008 02:02 PM

Unfortunately, economics does not understand this. A communist would not like to have rich people at all, they would rather redistribute the wealth so that everybody has basic needs. But when you do that, there are no savings and no investments and no progress.

In countries where the distribution of wealth is unequal, the rich have surplus money to invest and that leads to factories, roads, and jobs and incomes.

This sounds rather heartless but that is how economics works. If we say, nobody should get laptops till all children can get a good education, it would mean nobody gets a laptop for the next 30 years. That is the reality and the moral dilemma that we are facing.

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