Most liked posts in thread: Economics Knowledge: Abundance and Scarcity

  1. Friskie

    Friskie Well-Known Member

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    #2 Friskie, Nov 4, 2011
    A new word

    Herein seems like a good place for this little tidbit. Just got this from one of our club members:

    Word for the day
    Can you Pronounce?
    Ineptocracy (in-ep-toc’-ra-cy) – a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.
     
  2. minimark

    minimark Well-Known Member

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    #3 minimark, Nov 4, 2011
    In short, wealth redistribution.

    Leads to an equally shared misery!!! HAPPY, HAPPY!!! :)
     
  3. Metalman

    Metalman Well-Known Member
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    #4 Metalman, Nov 4, 2011
    So when this wealth redistribution happens, do I finally get my diamond encrusted "Grills"?

    [​IMG]
     
  4. minimark

    minimark Well-Known Member

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    #5 minimark, Nov 5, 2011
    Crystal, so stick to soft food...preferably soup....
     
  5. SNEEEZY - Erika

    SNEEEZY - Erika M/A Wrenchin' Babe!
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    #6 SNEEEZY - Erika, Nov 5, 2011
    I'm borrowing this to put on my FB page...