Should economic inequality (inequality of wealth) in a capitalist system concern you? Is inequality of opportunity a problem that needs a governmental solution? Is it fair or just that some people make more money than others, or inherit wealth from their parents?
I found this video so powerful that I had to share it in its own post on my blog. In this video, Yaron Brook is both reasonable and passionate when he speaks about one of the central moral and political issues of our time: inequality. He also answers questions from his audience at the University of Exeter after the talk.
Stick around for the Q&A for Dr. Brook’s view of what legitimate equality is. (Hint: It’s the same type of equality meant by the Founding Fathers of the United States.)
Also, look for Yaron Brook’s upcoming book, Equal Is Unfair: America’s Misguided Fight Against Income Inequality, co-authored with Don Watkins.
Socialism and Welfare vs. Justice: Why Inalienable Private Property Rights are Required for Justice
On Fairness and Justice: Their Meanings, Scopes, and How They Are Not the Same
Wealth is Created by Action Based on Rational Thought
The Role of Profits in Free-Market Capitalism, and Why High Profits are Good for a Company’s Workers
How Business Executives and Investors Create Wealth and Earn Large Incomes