Quoting McK from 17:06, 3rd May 2006Subsequently I was speculating that any discussion you enter into about wealth or class in St Andrews is necessarily influenced by those attacks made upon you in other similar posts.
Quoting Boxers from 15:53, 3rd May 2006
are you a Socialist? Your arguements just seem to smack of redistribution of wealth and an unwillingness to accept a meritocratic system.
Yes, but you as an outside agent are assuming that these people have that level of money that their lives aren't benefiting from it. I submit that, as everything in your argument is based on internal and subjective interpretations of concepts like "is this money useful to my life?" and "am I benefiting from this money?", your line of argument as a disapproving third party is moot.
Moreover (and more empirically), anyone with that much money has probably stomped on some proverbial toes in order to get there, preventing others from getting there. Thus one could argue that the rich person owes a debt to society.
Just out of curiosity, are you a Socialist? I simply don't buy this, as it completely reads of opinion presented as fact. Show me the empirical evidence.
In no way whatsoever can you assume that people who have money have probably stepped on other people's toes to get it! Not everyone has made money by elbowing their way to the top of their profession. For example, what about people who have say invented something, like some sort of medical equipment or drug that saves people's lives and its been developed and they have made a substantial amount of money from it. In this case, if anything, society owes a debt to the rich person!
I pose the same question as DrAlex, are you a Socialist? Your arguements just seem to smack of redistribution of wealth and an unwillingness to accept a meritocratic system.

So Lodestone, what do you define as too much money?
It seems to me that despite the good intentions of your arguments, that it is such a subjective matter to ultimately make it futile.
Is it morally wrong to have more money than your neighbour if you worked hard for it, saved for it and didn't spend it on things you really couldn't afford.
Take the proposal for the new council tax system based upon home improvements and "environmental" factors. Neighbour A and neighbour B live in similar houses and earn similar amounts of money. Neighbour A saves his money, invests it wisely and improves his house with a conservatory, doing up his garden, adding an extention etc. Neighbour B spends his money on booze, gambling and TV and hi-fi systems he can't afford, getting himself into debt. Under this system, it would be the conscientious "A" who has to pay the higher taxes for having improved his property, wheras the good-for-nothing neighbour B does not. Neighbour A, by his hard work and fiscal solvency is in effect paying for the fact neighbour B cannot afford to contribute his fair share.
I know its an utterly hypothetical situation, but it could happen in the near future. Is this situation not somehow morally wrong also?
As far as I can see it, your arguments for wealth redistribution are based on 2 erronous principles, that;
...the less wealthy actually deserve to have wealth distributed in their favour.
...the more wealthy came about their relative wealth by some means of deception, cheating, or preventing others increasing their wealth.
Quoting Lodestone from 23:29, 3rd May 2006Is it morally wrong to have more money than your neighbour if you worked hard for it, saved for it and didn't spend it on things you really couldn't afford.
No, certainly not. But it's morally suspect to hold on to it if you have no use for it. And you owe a debt to the society which allowed you to do that.
Quoting smiley from 23:57, 3rd May 2006
I actually do get really annoyed by the people who moan about how poor they are then go blow all their cash shopping/going out for lunch/drinking and then go off to abuse the hardship fund by lying through their teeth about their 'poverty'. The hardship fund should be there for people who really need it. Not just for people who can't be arsed sticking to a budget that might cramp their lifestyle.
Quoting Lodestone from 00:04, 4th May 2006
Smiley,
I'm thinking you, and possibly others, are missing that I'm talking about strikingly large amounts of money here. Really pretty big fortunes.
As for why it's morally suspecy--check backa few posts; I've outlined a couple of arguments.
Quoting Colleen from 00:28, 4th May 2006
I don't mind that people have more money than me - most people seem to - but I do get annoyed when people assume that I am somehow not permitted to go on a night out because I have to budget for rent, tuition fees, food, and all the other little bills that make life more painful.
It also worries me that people on this thread are bandying about 'socialism' like it's somehow a bad word. It's not.
No matter how large someone's fortune is I still don't think its anyones business what they do with it.
I'd hope that someone with wealth of that magnitude would give alot to charity
You were saying earlier that these people owe a debt to society because they probably stepped on alot of people's toes on the way up. I don't think thats a very convincing argument and its impossible to prove.
You also said 'It may be their hard-earned cash, but it is only so because the circumstances of their life allowed them to earn it, and to be such a person who could earn it'. Not really. I think your earning potential really depends on what kind of person you are, how determined you are and how hard you work.
Quoting Smith from 03:39, 4th May 2006
If one day I'm earning a decent amount of money, I won't be giving it to any charity, I'll be setting up my own bursary scheme at St Andrews, whereby I'll give a few poor and needy students, like myself, a few extra quid, as long as they apply for it.
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