Thursday, May 30, 2019

Planning my post about The Failures of Wealth Redistribution



My main topic is addressing the past failures of wealth redistribution policies in history in an effort to guide public opinion away from the contemporary drive to implement these same policies. The topic of wealth redistribution is very relevant in today’s world, where many politicians appeal to the working class by promising government help furnished through the increased taxation of the rich. Many in today’s society favor an activist government, a government that “levels the playing field” at the expense of the wealthy. I oppose wealth redistribution policies because I do not want my posterity and the future inhabitants of this nation to retrogress in prosperity, and I do not want the United States of America to decline.


Historical Component

For my historical component, I plan on using specific examples of countries throughout history that have implemented wealth redistribution policies, and I plan on illustrating why these policies failed. I plan on discussing the current situation in Venezuela, where wealth redistribution policies in the socialist framework have led to mass violence, corruption, and shortages. I plan to show that the debate on wealth redistribution is really a debate between capitalism and aspects of Marxism. For sources, I plan on using credible news articles and primary sources detailing the effects of wealth redistribution policies, such as news articles about the situations in Venezuela and The Gulag Archipelago.

Rhetorical Component

My Refined Thesis Statement: Unlike leading to prosperity, wealth redistribution policies result in commodity shortages, political corruption, and public violence.
I plan on discussing some of the rhetorical strategies that political leaders have used to implement wealth redistribution policies.

Personal Component

For the personal component, I plan on showing the blessings of living in the United States of America, where wealth redistribution policies have yet remained limited in scope. My grandmother also grew up in the postwar United Kingdom, where they had some wealth-redistributing policies, so I may ask for her experience with that.

Image Credit: "Money" by free pictures of money is licensed under CC BY 2.0 

1 comment:

  1. I don't know if you've read it already or if anyone has suggested it to you, but I would highly recommend reading Andrew Carnegie's essay titled "The Gospel of Wealth." In summary, it basically says that wealthy people should be in charge of their money because they care more about how it's used and know better what to do with it. I think that would be an excellent historical source for you and it is written by a capitalist so it could add extra perspective on the issue.

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