Why Economic Inequality Is a Good Thing | Mark Thornton

  Рет қаралды 1,466

misesmedia

misesmedia

Күн бұрын

Is equality good and inequality bad?
Over the known history of man, increasing economic inequality is associated with rising standards of living for all. Using common analogies, increased economic inequality lifts all boats, and not only increases the size of the economic pie, but also cuts everyone larger pieces of pie.
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Music: “My Universe” ℗ 2006 Kate Higgins (katehiggins.com). Used with permission.

Пікірлер: 8
@0ZeroTheHero
@0ZeroTheHero Ай бұрын
Amazing work!
@cryptoemcee
@cryptoemcee 2 ай бұрын
Thanks!
@BubbaShaffer
@BubbaShaffer 2 ай бұрын
Great work Mark!!
@ye333
@ye333 2 ай бұрын
Common sense if one thinks about it.
@goldenplayroblox5985
@goldenplayroblox5985 2 ай бұрын
:D
@tomrusack3266
@tomrusack3266 2 ай бұрын
You are wrong in your initial analysis of the human condition. At small scales, size or social complexity for instance, inequality cannot manifest itself in any empirically measurable way. As a societies complexities increase those inequalities manifest themselves and society accommodates that inequality so as to harmonise how a society functions. If it didn’t, then that society or grouping would fragment, inequality breeds envy and alienation that undermines societal cohesion. The poor or underachievers are a drag on society, if their numbers increase beyond some critical point revolution will ensue. How well a civilisation deals with the natural state of mans‘ inequality will dictate how long it lasts.
@BillMelater-o8n
@BillMelater-o8n 2 ай бұрын
I'm pretty sure height, strength, IQ, and many other factors can be empirically measured. Otherwise You're putting the cart before the horse by framing things in terms of your personal vision of "society".
@Jayare175
@Jayare175 2 ай бұрын
socialist cope
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