Thanks for posting this...such a great article. I read half and will finish it tonight. Private property, the right to your own life, the rights to the fruit of your own labor, and a legal and government system that support those rights are the key to lifting people out of poverty.
Thomas Jefferson said it very well in 1776: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”
Excellent article! Thanks for posting it.
Two replies so far to thank you for posting
so triple that
great article
BTTT
and join up, I DID
Good article. De Soto is a must-read. Wealth comes from building and creating, but there are a couple of foundational conditions that must be in place.
The conditions for prosperity are (1) freedom to act on your own knowledge (2) the right to accumulate the fruit of your labor and (3) physical safety for your property and your person.
Freedom combined with rule-of-law. Its simple but not at all universal. Security for your person and property are really essential; people tend to think that poverty causes crime but its really the reverse. Crime causes poverty, and makes the accumulation of wealth impossible for all but the few able to secure themselves. If only the people at the top are secure, then poverty will be widespread. If most people are secure in their property and persons, then the country as a whole will prosper.
One study of “environmental racism” happened to show that more whites were exposed to toxic areas than blacks. Little wonder we heard nothing about it. The UN exists to pay worthless leftists with jobs. It should be abolished.
conservatism_IS_compassion
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If you don't own the property you live in, why spend money maintaining it? There's a logical reason why everything is falling apart in countries like that.
“But of course, none of this is really about helping the poor or the ecology. It’s about power.”
Power is not even their first consideration. It’s their offended precious sensibilities and world view that are the driving force behind their thirst for power.
It’s a combination of a sick sense of egalitarianism and pagan primitivism that impels what Nietzsche called “tarantulas”. They are the crusading bleeding heart busibodies who have managed to gain a lot of power over us through moralizing and guilting campaigns. And we have fallen for their schemes and out of a sense of guilt we have surrendered our power to them.
To me the antidote to these guilt mongers is contained in the following exchange in the article:
“As I entered the door, I was confronted by one of the students, who asked with puzzlement – “sir, you really don’t believe in redistribution of wealth?”
I answered, “No, it’s theft.”
And she said, “But if you have more than you need, shouldn’t you share it with someone who needs it?”
I said, “Why should I?”
She looked like I had slapped her.”
That is exactly how these guilt peddling Gollums should be dealt with.
Remember, DO NOT LET THEM MAKE YOU CARE! (about what they care)
One of the best articles I have heard for the defense of capitalism and as a way to help alleviate poverty for so many people.
Thanks for publishing it.