Codger on Politics

Tuesday, October 14, 2014

Do You Want to be Equal Or Better?

Do You Want to be Equal Or Better?
http://www.theguardian.com/commentisfree/2014/oct/13/guardian-view-of-new-thinking-on-global-inequality

""It is a moment to savour when the head of the International Monetary Fundwarns of a "staggering" rise in inequality. But that's what Christine Lagarde did last week when she warned that the ghosts of the 19th century were coming back to haunt the 21st. Inequality? The IMF? This sort of language was never used when global economic policymaking was governed by the dictates of the Washington consensus: liberalise markets; privatise industry; reduce the power of trade unions; cut public spending. To the extent that inequality merited a mention, it was assumed that free markets would lead to faster growth, the benefits of which would trickle down to the poor.""

If we are made equal, many of us will be poorer. If we are equal, the current poor will be worse off. The goal should not be equal but better than before. Who cares if someone has more? If you think government is going take that guys money and give it to you, you are deluded.

Inequality is the engine of progress.  If you have the ability to build something and don't need to, you won't.  That is human nature. "That is very insulting", they say.  No, thinking you are a sucker who works for nothing is insulting.

0 Comments:

Post a Comment

<< Home