WHAT WOULD YOU TRADE FOR MORE INCOME EQUALITY? Income inequality is the result o

WHAT WOULD YOU TRADE FOR MORE INCOME EQUALITY?

Income inequality is the result of objective inequality of value to others – in other words, income inequality is evidence that you are not valuable to others. So, to make yourself valuable to others, what voluntary exchanges could you enter into that would equalize income without impeding the voluntary organization of invention, risk-taking, capitalization, production, distribution and trade?

(Personally I would love it if the lower classes would do my cooking, housework, laundry, yard, home maintenance, and shopping while I am risking everything I own to create a new business, and paying people well by doing it, and am entirely responsible for the outcome. Moreover, if income were equal I would not be able to risk everything I own – nor would most entrepreneurs like me. America invents the future for the world for this reason and americans live better than the rest of the world – albeit more unequally with each other as a consequence. )


Source date (UTC): 2015-11-15 05:38:00 UTC

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *