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  1. #16
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    Quote Originally Posted by Patrick Byrom View Post
    Hardly anyone complains at Centrelink.
    While rich people do nothing but complain - Ma included.
    Ma talks openly about his failures so do many others.
    RE complaints at Centerlink....go to Centerlink FB page, welfare discussion groups...unhappiness everywhere...particularly when benefits are about to be cut.
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  2. #17
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    Question

    Quote Originally Posted by MichaelBaron View Post
    'Extreme wealth and poverty'' may be result of ''extreme'' smart and hard work and study on one side and extreme laziness and stupidity on the other side. Lazy people are more likely to feel that the world is unfair...so do the stupid ones.
    Hard and smart or parental support:
    YouTube star Boram snaps up five-storey building in Korea

    A Korean YouTube celebrity has made headlines after breaking into the property market — at the tender age of six.

    The girl, known only as Boram, has emerged as a bona fide YouTube star in recent years after amassing a whopping 30 million subscribers on the platform.

    She shot to fame after attracting followers through her popular toy reviews and playful clips. ...

    And she’s not alone — late last year, Forbes revealed the world’s richest YouTuber was none other than seven-year old Ryan Kaji.

    The American boy is estimated to have made $US22 million ($A30.5 million) last year alone, generated from his channel, Ryan ToysReview.

    His parents launched his channel in 2015 when their son was just three years old. ...
    meep meep

  3. #18
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    Quote Originally Posted by MichaelBaron View Post
    Ma talks openly about his failures so do many others.
    And he complains all the time as well.
    Quote Originally Posted by MichaelBaron View Post
    RE complaints at Centerlink....go to Centerlink FB page, welfare discussion groups...unhappiness everywhere...particularly when benefits are about to be cut.
    As I said, hardly anyone complains at Centrelink.

  4. #19
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    Quote Originally Posted by Patrick Byrom View Post
    The desire for equality is part of our biology. So societies where there are extremes of wealth and poverty have much higher crime rates - just compare the US and Australia, for example.
    But then Baltimore has a very high crime rate despite half a century of Democratic rule, and socialist paradise Venezuela has horrid crime including the second-highest murder rate in the world.
    “The destructive capacity of the individual, however vicious, is small; of the state, however well-intentioned, almost limitless. Expand the state and that destructive capacity necessarily expands, too, pari passu.”—Paul Johnson, Modern Times, 1983.

  5. #20
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    INEQUALITY AND VIOLENT CRIME

    FAJNZYLBER, LEDERMAN, & LOAYZA
    Journal of Law and Economics, vol. XLV (April 2002)

    Abstract
    We investigate the robustness and causality of the link between income inequality and violent crime across countries. First, we study the correlation between the Gini
    index and homicide and robbery rates within and between countries. Second, we examine the partial correlation by considering other crime determinants. Third, we
    control for the endogeneity of inequality by isolating its exogenous impact on these crime rates. Fourth, we control for measurement error in crime rates by modeling it
    as both unobserved country effects and random noise. Finally, we examine the robustness of this partial correlation to alternative measures of inequality. The panel
    data consist of nonoverlapping 5-year averages for 39 countries during 1965–95 for homicides and 37 countries during 1970–94 for robberies. Crime rates and inequality
    are positively correlated
    within countries and, particularly, between countries, and this correlation reflects causation from inequality to crime rates, even after controlling
    for other crime determinants.
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  6. #21
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    Quote Originally Posted by Capablanca-Fan View Post
    But then Baltimore has a very high crime rate despite half a century of Democratic rule, and socialist paradise Venezuela has horrid crime including the second-highest murder rate in the world.
    And both places have extremes of wealth and poverty.

  7. #22
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    Quote Originally Posted by Patrick Byrom View Post
    And both places have extremes of wealth and poverty.
    Hard to imagine greater poverty than in the Socialist States
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  8. #23
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    Quote Originally Posted by MichaelBaron View Post
    Hard to imagine greater poverty than in the Socialist States
    Venezuela is surprisingly wealthy - on PPP, its GDP/capita is higher than India's, and not too far behind China's. Of course, if everyone's poor, there's no one to steal from

  9. #24
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    Quote Originally Posted by Patrick Byrom View Post
    Venezuela is surprisingly wealthy - on PPP, its GDP/capita is higher than India's, and not too far behind China's. Of course, if everyone's poor, there's no one to steal from
    But why can they not manage resources well? Because of Socialism. Rich in resources but poor in management.
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