Sunday, October 22, 2023

Jordan Peterson: Why Communism Doesn't Work


Jordan Peterson doesn't actually answer the question except to say that it doesn't work.

The way he describes the system is unintentionally misleading. It is not true that 5% of the poeple generate all the wealth. The vast majority of people can be productive and earn a decent living, and some of them can even accumulate wealth by a slow process. 

 Some of the inequality that often gets quoted by the Marxists doesn't take into account people building up wealth for their retirement. Most of us start with nothing and work for decades to live comfortably in our old age, which is what happened to me. The Marxists will include this in their statistics about inequality.

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