Is economic INEQUALITY a MORAL problem.

[jv_coach]

Is economic INEQUALITY a MORAL problem?

The perennial debate about income and wealth inequality is purposely enflamed by a political-rocket-fuel mix of virtue-signaling and class-envy.

To make any sense, a discussion of moral economy must start with accurate definitions:

* Wealth is not a resource, but a RESULT of economic activity - 
activity that creates VALUE. 
* Money is a store of the value created by economic activity. 
* Wealth, an accumulation of created value.

Those who seek to control and engineer society promote a "limited resource" definition of wealth because, were it so, that might justify authorizing a benevolent gov't (does such exist?) to "make sure everyone gets a 'fair share.'" This positions the gov't as the owner and rightful steward of every bit of value created by the people.

So consequential a lie - one that so well serves the purposes of consolidating power to the hands of the elite - could not be mere ignorance!

It's on we students of Sowell, Friedman and other Economists to debunk this junk.

We're each EMPOWERED by our own faculties to create VALUE..

Our inherent liberties to create, own, store and trade on the value we create are the essence of a free society.

The greatest danger to liberty is economic illiteracy.

[stevenash]

++++++++++10000000000

[Kountzer]

nice copy n paste post.

[BS Wildcats]

14 minutes ago, Kountzer said:

nice copy n paste post.

Is that an issue?

[Hagar]

16 hours ago, jv_coach said:

Is economic INEQUALITY a MORAL problem?

The perennial debate about income and wealth inequality is purposely enflamed by a political-rocket-fuel mix of virtue-signaling and class-envy.

To make any sense, a discussion of moral economy must start with accurate definitions:

* Wealth is not a resource, but a RESULT of economic activity - 
activity that creates VALUE. 
* Money is a store of the value created by economic activity. 
* Wealth, an accumulation of created value.

Those who seek to control and engineer society promote a "limited resource" definition of wealth because, were it so, that might justify authorizing a benevolent gov't (does such exist?) to "make sure everyone gets a 'fair share.'" This positions the gov't as the owner and rightful steward of every bit of value created by the people.

So consequential a lie - one that so well serves the purposes of consolidating power to the hands of the elite - could not be mere ignorance!

It's on we students of Sowell, Friedman and other Economists to debunk this junk.

We're each EMPOWERED by our own faculties to create VALUE..

Our inherent liberties to create, own, store and trade on the value we create are the essence of a free society.

The greatest danger to liberty is economic illiteracy.

Just read an article on, Think Ca is on the Far Left Frihge Now, Just Wait.  Talk about a State that's rolling downhill like a snowball headed to hell.  This great post by jv_coach is the equation that's missing in the Far Lefts communist dream of Socialist success.  And the comments at the end of the article pretty well debunk the Commiefornia's utopian myth.

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[stevenash]

4 hours ago, Kountzer said:

nice copy n paste post.

Does copy and paste lessen or negate the validity of the statement(s)?

[LumRaiderFan]

16 minutes ago, stevenash said:

Does copy and paste lessen or negate the validity of the statement(s)?

If that's all you have, then yes.

[baddog]

55 minutes ago, stevenash said:

Does copy and paste lessen or negate the validity of the statement(s)?

I'm glad he told me. I would have never figured that out by myself. Lol

[jv_coach]

8 hours ago, Kountzer said:

nice copy n paste post.

did the good grammar give it away? 
Somebody who works in the swamp wanted me to pass this along.