Inequality — the Engine of Prosperity

DM

Throughout the history of civilization, people have been dreaming of a perfect world — full employment, full satisfaction of material and intellectual needs, and equal distribution of wealth — only to discover, to their disappointment, that this utopian system does not exist on this side of the grave. Nevertheless, the illusory ideas of economic equality transcend time and appeal to people of all colors and races. If the supporters of economic equality, including Marxist graduates of American universities, absorb human history, they may realize that the only historical datum that points to economic equality goes back to the era of primitive communism. Ten thousand years ago, before farming, people were forced to obtain food collectively. Everything that was produced was immediately consumed. This primitive society produced no surplus and created no wealth. Under such arrangement, the private property was limited to personal articles of clothing, hunting tools, etc. resulting in total economic equality — in absolute poverty. Ironically, this is the only way economic equality can be achieved — economic equality and wealth are mutually exclusive.

Notifications - Subscriptions
Notify of
5 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

5
0
Would love your thoughts, please comment.x
()
x