Consumption and productivity in a free market

[MMMark]

Wednesday, July 04, 2012 19:51 EDT
.post #200
[url=Consumption and productivity in a free market - #8 by jodiphour]

@jodiphour

[/url]However, can someone explain it in a more “basic” way without too many assumptions?

The situation: The govt takes weatlh (“value”, money, etc) from one party and gives it to another party.

The question: Why is this much much (“blind throwing of a dart”) more likely to be less “productive” than just leaving the wealth with the party who originally held it?

One answer:
Because redistribution of wealth is productive not at all;
it is simply robbery of wealth already produced.

Production increases the overall supply of wealth;
redistribution does not.

That is the most basic explanation I can muster.