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Walter Williams: Is Income Inequality Fair?
CNSNews ^ | March 13, 2019 | Walter E. Williams

Posted on 03/13/2019 9:48:42 AM PDT by jazusamo

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To: fhayek

“Not only is income inequality fair, it is a GREAT thing.”

Tocqueville agrees...

“There is a passion for equality that spurs all men to wish to be strong and esteemed. This passion tends to elevate the lesser to the rank of the greater. But one also finds in the human heart a depraved taste for equality, which impels the weak to want to bring the strong down to their level [Class Warfare], and which reduces men to preferring equality in servitude to inequality in freedom.”


21 posted on 03/13/2019 10:28:21 AM PDT by aquila48
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To: jazusamo

Yeah I’d love to see a fast food worker do the IT job I’ve been doing for decades. Then we’ll talk about income equality.


22 posted on 03/13/2019 10:29:52 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: KrisKrinkle

“but “deserve” and “fair” aren’t the same.”

I could argue that it is. Getting what you deserve, what you work for, is the definition of fairness. If the socialist work really hard at getting your stuff and you let them, well...

Survival of the fittest, like it or not, is still the rule of the world.

You only own that which you are willing to defend by whatever means at your disposal.


23 posted on 03/13/2019 10:38:28 AM PDT by aquila48
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To: jazusamo

Regarding the last sentence:

Answer: ATLAS SHRUGGED


24 posted on 03/13/2019 10:53:04 AM PDT by ridesthemiles
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To: jazusamo
Democratic presidential hopeful Sen. Elizabeth Warren, in calling for a wealth tax, complained, "The rich and powerful are taking so much for themselves and leaving so little for everyone else."

Tell me, Gray Beaver, how much will your wealth tax take from the Kennedys? Because I don't think they earned a paycheck after Joe Jr.'s plane blew up in 1944.

25 posted on 03/13/2019 11:02:15 AM PDT by KarlInOhio (Leave the job, leave the clearance. It should be the same rule for the Swamp as for everyone else.)
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To: jazusamo
INEQUALITY = reality + reason + nature of man + rationality + God-given natural rights + absence of force + true justice + law of causality

EQUALITY = the opposite of the above

- the principle of freedom of economic inequality is a necessary condition for expansion and intensification of the division of labor, which is necessary for the increased productivity of labor, which is necessary for increased total productive ability, which is necessary for economic progress, which is necessary for mass prosperity

- the principle of freedom of economic inequality is the result of rationality, which means it is compatible with reality, reason, human nature, God-given natural rights, freedom, private property, and pursuit of happiness

- it emerges naturally simply because it is a fact of reality that people are unequal in intelligence, talent, skill, ability, ambition, effort, thriftiness, frugality, parsimony, and all other virtues and vices.

- it is compatible with the law of causality because it is a consequence of the fact that different individuals enact different degrees of economic causation. (Some individuals are more productive than others)

- the abolition of economic inequality is incompatible with the law of causality. It means the abolition of all connection between an individual’s efforts and his income. It would be tantamount to the abolition of causality in the receipt of income, which would destroy his motivation to produce.

- the abolition of economic inequality destroys true justice because true justice is the process of giving people what they have earned and what they deserve, and social justice means giving people the unearned, the undeserved, and something for nothing, which motivates people to do as little as possible

- the abolition of economic inequality and replacing it with egalitarianism motivates people to demand as much as possible, which means the abolition of cost in the spending of income. This is why leftards are clueless about the cost of their redistribution programs such as socialized medicine and guaranteed income

26 posted on 03/13/2019 11:09:29 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: All
"Where is a society headed that holds its most productive members up to ridicule and scorn and makes mascots out of its least productive and most parasitic members?"

Sums it up in a nutshell. WW is and always as been such a treasure of common sense knowledge.

27 posted on 03/13/2019 11:18:38 AM PDT by ImpBill (A Party-less little "L" libertarian. Republicrats/Democans-A pox on both Party's!)
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To: jazusamo

“Former President Barack Obama explained, “I do think at a certain point you’ve made enough money.”

The Obamas are like the Clintons. Left the White House “dead broke” And now are worth millions or in the case of the Clintons, billions.


28 posted on 03/13/2019 11:26:00 AM PDT by antidemoncrat
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To: jazusamo

Bttt.

5.56mm


29 posted on 03/13/2019 11:36:38 AM PDT by M Kehoe (DRAIN THE SWAMP! BUILD THE WALL!)
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To: ClearCase_guy

Correct and beautifully said


30 posted on 03/13/2019 11:57:10 AM PDT by genghis
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To: jazusamo

bkmk


31 posted on 03/13/2019 12:29:26 PM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: jazusamo

Leftist policies like so-called “equal pay” require the USE OF FORCE (either implicit or direct) against formerly free individuals.

If you don’t abide by fascist control of the free market, the gov’t will use FORCE to control you.


32 posted on 03/13/2019 1:17:01 PM PDT by AlanGreenSpam (Obama: The First 'American IDOL' President - sponsored by Chicago NeoCom Thugs)
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To: jazusamo

Is IQ inequality fair?


33 posted on 03/14/2019 9:03:02 AM PDT by mrmeyer (You can't conquer a free man; the most you can do is kill him. Robert Heinlein)
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To: jazusamo

In the words of my Father: “Son, whoever promised you fair?”


34 posted on 03/14/2019 9:04:33 AM PDT by Little Ray (Freedom Before Security!)
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To: jazusamo

Income inequality is a proven scientific fact and no socialist/marxist dystopia can stop it.

Prof.Jordan Peterson explains the Pareto principle:

https://youtu.be/i0iL0ixoZYo?t=81


35 posted on 03/14/2019 9:36:18 AM PDT by Para-Ord.45 (Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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