You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence. - Charles Austin Beard







Wednesday, September 15, 2010

Tibor Machan: Not all wealth redistribution is bad | wealth, redistributed, redistribution - Opinion - The Orange County Register

Tibor Machan: Not all wealth redistribution is bad wealth, redistributed, redistribution - Opinion - The Orange County Register

Statists often clamor for wealth redistribution, mostly implying that the wealth held by those who make or obtain it in the marketplace, without coercion, is in the wrong hands and must be transferred to other people or projects in dire need of it.

Yet if you look more carefully at wealth redistribution you find that the dispute really isn't about whether wealth should be redistributed. That's because wealth is nearly always being redistributed.

You may get a buck for mowing someone's lawn but you usually take it to the mall or grocery store and make use of it by handing it over to someone else, who then is going to do the same, and this process just keeps going. Some of the stuff for which the wealth is distributed will be consumed but then the consumer will expand his or her time and energy to create some more wealth. It just keeps going round and round, wealth and its equivalent being endlessly redistributed unless the tax-takers disrupt the process.So if we are all vigorously engaged in wealth redistribution, what's up with the claim that it is only the tax-takers who do it? It is a lie, that's what.


This is a great article so follow the link and read it all!

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