June
2017
Monday, September 30, 2013
Robert J. Samuelson, The Washington Post
Submitted by: Editor

To the victors belong the spoils

Robert J. Samuelson discusses how a “spoils society” de-emphasizes production and fuels conflict.

[WAPO] There are two ways to become richer. One is to provide more goods and services; that’s economic growth. The other is to snatch someone else’s wealth or income; that’s the spoils society. In a spoils society, economic success increasingly depends on who wins countless distributional contests — not who creates wealth but who controls it. This can be contentious. Winners celebrate; losers fume.

Posted by Editor on 09/30/13 at 08:52 AM •  (0) Comments

Share Your Ire

blog comments powered by Disqus
Vile Quotes

"America does not have an aristocracy or a plutocracy."
Art Pope

graphic