Something I noticed about virtually all US debates the past few years is that the candidate declared victor by the media is completely arbitrary. I mean usually every viewer virtually all the time rates the candidate the best they favoured beforehands anyways. Case in point, this thread during every debate. So, the only somewhat objective measure would not be able to stem from any journalist, but would be polls - for last night's debate, Sanders won all of them (that I've seen and found through google). Yet, CNN and most media outlets proclaim Clinton as the winner, and that judgement gets spread troughout all channels and also forms or in this case, manipulates public opinion. It's a completely broken system.
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Well yes and no. Imo you always need to make sure that people are effectively able to make their own fortune. If you take that away completely just for society's benefits, what's the point in making an effort at all?
You need to strike a balance. For example I'm in favour of a basic income for all, but you should allow people to make substantially more money when they get a job. The current system in Belgium does the opposite for low income employees. A lot of the times you end up being worse off for having worked at all.
But I suppose that debate is not about the 1% anymore, rather than the 20-30% of people who do work, but earn just enough to make a living. We've been making these people miserable for the last 20 years. And not just in Belgium.
Of course, if there's no point in making an effort anymore, the system does not work to society's benefit either. Interestingly enough of course, the situation you described holds true for a ton of working poor right now, and if you haven't inherited anything, chances are slim as fuck that you'll be able to get anywhere near the top 1% as capital returns > income through work.
Concerning your last paragraph, of course, but this isue is unseperably connected with the unproportional wealth of the richest. I mean a very good indicator in this respect is the share of labour income in the total income of an economy. Since the 1980es, this has dropped substantially everywhere in Europe and the US, and gone to the share of capital gains & profits. And since capital and as a result the associated income is, and has always been, extremely concentrated in a small segment of society, this naturally leads to a dangerous rise ininequaliy, and a growing share of working poor.