Re: Historical comparisons


<royls@xxxxxxxxx> wrote in message
news:44181ce5.6668724@xxxxxxxxxxxxxxxxxxxxxxxx

[snip]

Funny how the defenders of privilege think competition is so great
when working people are the ones whose rewards are driven down by
competition, but as soon as anyone suggests that the privileged should
compete too, it's Oh No! Don't even think it! It will reduce wealth
creation if we don't pay the privileged extortion money for not
stopping others from creating wealth!

What a load of crap.

Huh. I posted something similar to a weblog yesterday:
http://delong.typepad.com/sdj/2006/03/income_inequali.html#comment-15003381

------------------------------------------------------------------------------
Sebastian Holsclaw wrote, "But to pretend that he hasn't added anything to
the economy is willful blindness."

No it's not.

You're forgetting how much he's _subtracted_ from the economy: MS products
aren't free.

Not to mention the economic distortions inherent in rent.

"Is it something that could have been added just as quickly by someone else
if he didn't exist? Maybe so. We will never know. But I strongly suspect
what he did looks easier in retrospective."

Except there's no evidence whatsoever for your position.

Funny how, when the issue is redistribution of wealth _upwards_ by
government-enforced rents, the issue of whether this is good or bad for the
economy as a whole is fraught with uncertainty.


.

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