This is a convenient argument for the likes of Stiglitz and all other Marxist oriented economic professors, economists, and politicians. It is these very people who have told the Greeks and citizens of many other nations including the United States that the policies advocated by Marx bring about an equal, conforming, and united population. They have said these policies will provide for all through government handouts taking from those who would work and giving to those who would not.
It was Marx who said that all proceeds from labor should be centralized and shared fairly with all whether they are working or they are not. This is what Greece did. This is what the United States is doing. The problem for these countries is that they did not read all of what Marx said. Marx also explained that economies should grow at the same pace their population is growing. Although Stiglitz and other Marxists claim their sharing the wealth policies are stimulative, they actually bring about retraction in economies. Their policies take that capital that would otherwise be used for research, development, and investment out of the hands of businesses and “share it with all” thus thwarting the possibly of growth and ensuring retraction.
The end is predictable and inevitable. The end is what Greece is facing right now. All countries who buy the nectar sold by the Marxists will end in this same state of destitution, despair, and decay. The United States is not and will not be an exception. This economic rule is as certain as is the rule of gravity. If the United States keeps drinking that nectar provided by the Marxists, we will be Greece. Take a good and long look and decide if you want government doles today which brings about a Greek situation in the United States tomorrow.