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Re: Abolish the market system
by PhilfromCalifornia

"To me there's nothing worse than a socialistic government, taking wealth from one person and redistributing it to another."

I believe your interpretation is inaccurate. A socialist government, in equalibrium, does not redistribute wealth; what it does is prevent wealth from being maldistributed in the first place. A transition from a system (such as ours) which has an obvious maldistribution of wealth to one which doesn't will, of course, require a redistribution in order to reach equilibrium. I don't deny that, but please accept that it is the transition between systems (and a transition in the opposite direction would also feature a redistribution of wealth, as happened in Russia and China) which causes the redistribution.

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