@rlumley: "I stopped when you said that the wealth of the world was constant and literally screamed"
I didn't say that though, did I? Read my post again. I didn't use the word "constant" at any point. I said the world's resources are "finite", which is very different. I acknowledge that technological progress and other factors can increase the resources available to the global economy. But there are still limitations - resources (land and water in particular) are not infinite. However I must stress that "not infinite" is NOT the same as "constant" - please read my posts more carefully before you start to call me "stupid".
The rest of your post after the second paragraph is therefore irrelevant because you are arguing against a point which I didn't make in the first place.
@Draugnar:
"Nice quote out of context there, Jamie. Epic FAIL on your strawman argument.
Here is the WHOLE quote.
"I have an intellect well above average (best guess between 157 and 167) as do many if not most here."""
Didn't you notice my smiley? I was taking the piss. I can tell you're an intelligent guy, Draugnar, don't worry.
"Capitalism as it exists in the US has gone unchecked for far to long. But that doesn't mean a community where everyone works as hard as they can so that everyones needs are met (nothing in your philosophy adresses wants and desires) is a better replacement."
I think it is, because the present system fails to ensure everyone's NEEDS are met. NEEDS are more important than WANTS. At present some people have their needs met and have many luxuries, while others do not even have their basic needs met. I'm not saying you couldn't have luxuries under the kind of system I propose - it's just that the system would seek to meet everyone's needs first, and then if there were resources left over, we could enjoy some luxuries too.
"Now, to the zero sum system. Please prove that wealth can neither be created or destroyed, merely transferred. Wealth is not a zero sum system."
Sorry Draugnar - you actually introduced the term 'zero sum', not me. In your post at 12.11 AM above, you said:
"You haven't explained why wealth accumulation is a bad thing. You've just demonstrated that it happens and that we are, effectivly, a zero sum wealth world."
Those were your words. When I then used the term 'zero sum' in my subsequent post, I was quoting your use of it. However I didn't make this very clear, so I apologise. My explanation to rlumley in this post should make my actual position clearer - I agree that wealth CAN be created, but it is imporant to note that resources are still limited, and not infinite.
"Way too many inherit their fortunes or ride on the coattails of others or outright steal it through immoral, if not illegal, business practices. As it happens, that is a BIG part of the problem."
I agree that this is a big problem. Out of interest, how would you propose solving the problem of inheritance?