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Richard Stallman's Political Notes

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"Casino Saturation"

mercredi 2 juillet 2014 à 14:00

Atlantic City casinos are closing as the region hits "casino saturation".

Gambling does not increase wealth, it only redistributes wealth. Atlantic City casinos were touted as a way to redistribute wealth from other states to New Jersey. However, that's not the sort of redistribution than the US needs.

The US needs to redistribute wealth from the rich to the rest. Unfortunately, casinos redistribute wealth from the middle class and the not-totally-broke working class, and a substantial fraction goes to the casino owners. It's a false solution, offered to reduce demand for a real solution.