Sentences with phrase «while wealth redistribution»

Personal wealth creation allows the individual to be the master of their own destiny while wealth redistribution is wrought with calamity and financial liabilities that typically fall onto taxpayers.

Not exact matches

While redistribution of wealth is (by definition) necessary to reduce income inequality, some forms of taxation could make it worse.

In the 2015 Jacobin piece «Democratize the Universe,» Nick Levine argues that a collectively owned space mining industry could be a tool for wealth redistribution, while avoiding the harms of mining Earth.

The current international situation certainly seems driven more by economics than by any conscious decision to make matters worse for the poorer countries and while a redistribution of the world's wealth may seem desirable, it can never happen in practice.