Tuesday, December 24, 2013
Inequality? I Suppose It Depends On What You Mean
SEE HERE I think of inequality as doing the same thing equally well and getting different results. I don't think of it as a simple equation determined by equal bank accounts or disposable cash or anything like that. On the other hand the extreme egalitarians among us see inequality wherever they want to. For them an unskilled worker should get a living wage just because ... regardless of the worth of the work he does. Aside from being pure economic madness it fails to take into account any kind of appreciation of the responsibility of the worker and places all responsibility on the employer. Such practices lead to economic collapse and not to any kind of prosperity. In the liberal imagination money grows on trees and is inexplicably distributed unequally from a finite and fixed supply. This is called the "zero sum game" hypothesis and implies that if you were an eager beaver got up early and ran so you got to the money tree first you should give some to the folks that slept in and walked to the money tree to find all the eager beavers had carried the money off. Selfish weren't they. You're just as good as they are, you just need more sleep and don't like exercise. Well, sorry folks, the world doesn't work that way.