August 5, 2012

Economic Inequality is a Small Price to Pay for Staying Human

By Oleg Atbashian
To paraphrase Baudelaire, the greatest trick the devil ever pulled was convincing the world of the moral superiority of collectivism.  According to Ayn Rand, if we don't convince the world otherwise, nothing else will work.  Our greatest ally in this fight is human nature.  Our greatest asset is morality itself, which is really, truly, undeniably, and absolutely on our side. Today's political debates often end up in the following compromise: capitalism may be more economically efficient, but it's no moral match to economic equality that benefits most people.  But the only way economic equality can benefit people is by pandering to their class envy.  In all other aspects -- economical, political, cultural, philosophical, and spiritual -- it's a dastardly, immoral cause. To begin with, it is the efficiency of capitalism that benefits most people.  Among other things, it raises everyone's living standards and quality of life; expands consumer choices; boosts innovation that reduces the share of low-paying, mind-numbing manual jobs; increases the pool of well-paid professional jobs; gives the poor.... (Read Full Article)

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