Coming soon to a Democratic Party presidential debate: the question, "Is it morally appropriate for anyone to be a billionaire?".
Coates followed up: "I hate to personalize this, but do you think it is moral for individuals to, for instance-do we live in a moral world that allows for billionaires? Is that a moral outcome?".
She cautioned, "I don't think that necessarily means that all billionaires are immoral. It is not to say that someone like Bill Gates for example or Warren Buffett are immoral people, I do not believe that. But I do think a system that allows billionaires to exist, when there are parts of Alabama where people are still getting ringworm because they don't have access to public health, is wrong."
Sen. Bernie Sanders, like Ocasio-Cortez a self-described socialist, got impressive traction but not the nomination in the 2016 primary in part by talking incessantly about "Billionaires."
Maria Bartiromo of Fox News Channel and Fox Business Network offered a hint some directions Republicans are likely to go in when she, on Fox News, described the remarks by Ocasio-Cortez as "Quite naïve." She pointed out that rich people already pay a large share of federal income taxes.
She defended the billionaires in part by talking about their philanthropy, speaking of Kenneth Langone's support for New York University's medical school, Hank Greenberg's support of New York-Presbyterian Hospital, and Stephen Schwarzman's support for the New York Public Library.
Bret Stephens made a pragmatic and utilitarian case in The New York Times over the weekend, in a column about Venezuela: "All of this used to be obvious enough, but in the age of Alexandria Ocasio-Cortez it has to be explained all over again. Why does socialism never work? Because, as Margaret Thatcher explained, 'eventually you run out of other people's money.'".
http://reason.com/archives/2019/01/28/are-billionaires-immoral-democrats-ask
Coates followed up: "I hate to personalize this, but do you think it is moral for individuals to, for instance-do we live in a moral world that allows for billionaires? Is that a moral outcome?".
She cautioned, "I don't think that necessarily means that all billionaires are immoral. It is not to say that someone like Bill Gates for example or Warren Buffett are immoral people, I do not believe that. But I do think a system that allows billionaires to exist, when there are parts of Alabama where people are still getting ringworm because they don't have access to public health, is wrong."
Sen. Bernie Sanders, like Ocasio-Cortez a self-described socialist, got impressive traction but not the nomination in the 2016 primary in part by talking incessantly about "Billionaires."
Maria Bartiromo of Fox News Channel and Fox Business Network offered a hint some directions Republicans are likely to go in when she, on Fox News, described the remarks by Ocasio-Cortez as "Quite naïve." She pointed out that rich people already pay a large share of federal income taxes.
She defended the billionaires in part by talking about their philanthropy, speaking of Kenneth Langone's support for New York University's medical school, Hank Greenberg's support of New York-Presbyterian Hospital, and Stephen Schwarzman's support for the New York Public Library.
Bret Stephens made a pragmatic and utilitarian case in The New York Times over the weekend, in a column about Venezuela: "All of this used to be obvious enough, but in the age of Alexandria Ocasio-Cortez it has to be explained all over again. Why does socialism never work? Because, as Margaret Thatcher explained, 'eventually you run out of other people's money.'".
http://reason.com/archives/2019/01/28/are-billionaires-immoral-democrats-ask
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