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To: neverdem
It is factually incorrect to argue that income inequality has not risen in America — it has.

And that's good...

CLICK ON THE GRAPH TO SEE A CLEARER VERSION OF IT:
gapgraph.jpg from http://FreedomKeys.com/gap.htm
And check out the charts  HERE, HERE, HERE  and  HERE.
   "Never mind the low wages and harsh living conditions of the early years of capitalism.  They were all that the national economies of the time could afford.  Capitalism did not create poverty -- it inherited it.  Compared to the centuries of precapitalist starvation, the living conditions of the poor in the early years of capitalism were the first chance the poor had ever had to survive.  As proof -- the enormous growth of the European population during the nineteenth century, a growth of over 300 percent, as compared to the previous growth of something like 3 percent per century."-- Ayn Rand
   "Economic growth was non-existent during the centuries 500-1500 -- and per capita GDP rose by merely 0.1 percent per year in the centuries 1500-1700. In 1500, the estimated European per capita income was roughly $215; in 1700, roughly $265." -- Andrew Bernstein
"In a poor country like ours, the alternative to low-paid jobs isn't well-paid ones; it's no jobs at all." --  Jesús Reyes-Heroles, Mexico's Ambassador to the USA

THE FIXED QUANTITY OF WEALTH FALLACY  | 
 |The fixed quantity of resources fallacy | scarcity |
| THE FIXED QUANTITY OF RESOURCES FALLACY  | "The Sweatshop Scam"  |  more | more | more |
|About ordinary envy vs. hatred masked as envy|
As Robert A. Heinlein said, "Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded -- here and there, now and then -- are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right thinking people. Whenever this tiny minority is kept from creating or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty."

In a modern open-market capitalist society, entrepreneurs get rich and the poor get better off as a result -- OF COURSE they're not going to get as rich as fast (duh). So, of course the gap thereby gets wider -- but the top AND BOTTOM of the gap both rise to levels much higher than before. The gap is widening?? Well, hooray for everyone’s sake! ESPECIALLY the poor!

If the rich weren’t free to "get ever richer," developing or investing in ever-increasing productivity, the poor would NEVER have any chance to improve their conditions at all, let alone to obtain their ever-increasing access to the latest tools of that expanding productivity, making every hour of their labor ever-more valuable. And YOU wouldn't EVER have the chance to read this or anything else brought to you by advanced technology. 

Freedom incents the creators to empower YOU and as many other people in the world as possible. There's little an entrepreneur likes better than a bunch of ever-richer loyal customers. Remember, the wealth you see around you didn’t always exist; it was and is CREATED wherever the right CONDITIONS OF FREEDOM (including the rule of natural law evenly applied, with the rigorous protection of individual rights including property rights and respect for contracts, effective prosecution of the perpetrators of force and fraud, and the ease of engaging in trade without the interference or "permissions" of politicians and bureaucrats) are established and guaranteed._

Now recognize the true nature and scope of evil and wherein it really lies. And don't be too limp a wimp to to call viciousness viciousness even if all your friends and neighbors fawn like groupies over any mantle of global "compassion" in which the evil appears to be cloaked.

-.
Find: "Popular understanding of economics is at least two centuries behind economists' understanding of the economy." HERE
And: "Wealth is not a fixed quantity and one person's success does not come at the expense of others ... Economists have understood [that] for over two centuries, but moralists have not caught up." HERE
"When plunder becomes a way of life for a group of men together in a society, they create for themselves in the course of time, a legal system that authorizes it and a moral code that glorifies it."
-- Frédéric Bastiat

-- from THIS page

13 posted on 06/04/2010 8:58:29 PM PDT by FreeKeys (DonÂ’t be a professional parasite like your professors WHO SUCK the wealth of REAL wealth producers.)
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To: FreeKeys
It is factually incorrect to argue that income inequality has not risen in America — it has.

And that's good...

I don't understand why people think the gap matters.

If the living standard of everybody improves with a vibrant economy, why worry that your neighbor is making more than you are?

People get stuck in envy when they should be thankful for opportunity and the general wellness that economic freedom creates.

17 posted on 06/05/2010 9:06:47 AM PDT by SteamShovel (Obama...Chains you can believe in)
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