New Book Out Today! Equal is Unfair, by Yaron Brook and Don Watkins

Equal is Unfair: America's Misguided Fight Against Income Inequality, book coverIt seems like virtually everyone on the political left is talking about income inequality, or inequality of wealth. From Paul Krugman, to Rachel Maddow, to Elizabeth Warren, to Bernie Sanders, to President Obama. They all condemn high levels of income or wealth inequality as unfair and economically destructive.

But what if they’re wrong? What if high income inequality is a good thing for prosperity? What if it’s necessary for the greatest improvement in the lives of the poor? What if the campaign against inequality is actually immoral?

There’s an important new book on income inequality that was just released today. It’s called, Equal is Unfair: America’s Misguided Fight Against Income Inequality. Here are some videos from the authors on the issue of income inequality. The first chapter of the book is also linked below.

The videos:

Bernie Sanders and the Inequality Gimmick:

Who Cares About Inequality?

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The Role of Profits in Free-Market Capitalism, and Why High Profits are Good for a Company’s Workers

Underpants Gnomes Meme - Phase 1: Physical Labor Phase 2: ? Phase 3: ProfitWhether people like it or not, it is a fact that the production of valuable things requires more than physical labor. (I’m looking at you, Karl Marx, with your Labor Theory of Value and “profit as exploitation.”) This is especially true when it comes to industrial-scale mass production. To successfully deliver products at a reasonable price and quality, a company must be organized in certain ways that are effective; there must be communication and coordination between the various departments; there must be management to make sure things keep running smoothly together and that timetables are kept; there must be wealth invested for buildings, machinery and raw materials in the right amounts; any machinery and facilities must be continually maintained; there must be management of sales and distribution of the product; etc.

A collection of factory workers without power tools, without specific roles and without management direction will produce very little and very inefficiently. In any line of business, there is a tremendous amount of strategy, business planning, technical planning, management, and industry knowledge that goes into making a company productive and successful.

As I discussed in my essay, “How Business Executives and Investors Create Wealth and Earn Large Incomes,” a company’s chief executive officer (CEO) carries tremendous responsibility: he is crucial in making large-scale decisions for the company, implementing and coordinating major changes, planning long-term for the future market and technology the company will face, formulating and holding onto a large-scale vision of where the company should go, etc.

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Why Fairness Does Not Mean Justice: Some Further Argument

Equal is Unfair: America's Misguided Fight Against Income Inequality, book coverOver three years ago, I wrote an essay discussing the proper meaning of the concepts of “fairness” and “justice,” as I understand them: On Fairness and Justice: Their Meanings, Scopes, and How They Are Not the Same.

My major points in this essay were 1) that the concept of “fairness” presupposes that one is talking about a zero-sum game: a situation devised by a purposeful intelligence to measure people’s attributes, where one person winning requires that another person loses; 2) that life in society and in general does not meet this criterion for “fairness” to apply: people “win” by creating valuable things, and do not need to deprive others of these things to have them; and 3) that societal justice requires the protection of individuals’ rights to life, liberty, and property, and that it consists in each individual generally being rewarded in proportion to his mental effort and virtuous actions.

In this previous essay, I explained my view of “fairness” and illustrated it with examples, but I did not argue extensively for my conception of that term–why my conception of fairness is correct. I have been prompted to provide further argument by the upcoming release of a book called “Equal is Unfair,” and one of the co-authors’ (Yaron Brook’s) reply to me regarding “fairness”:

I have great respect for Dr. Brook, and am looking forward to his latest book, but I think he’s wrong here: fairness does not mean justice. And the purpose of this post is to argue my case. I encourage those who have not read my previous essay to read it before proceeding on in this one, since it will help set the context for my arguments: On Fairness and Justice.

One of the first things that should spring to mind when someone mentions the word, “fairness,” is the realm of sports and competitions: Is it fair when women are put in competition with men? Is it fair when one team learns the other team’s plays through spying? Is a race where one athlete has artificial legs fair? Is a weightlifting competition fair when steroids are secretly taken, or openly allowed? Is it fair when the Patriots let air out of the football?

Does justice have the same intimate connection with such competitive sports? Is that one of the first things you think of when you think of justice? Probably not. This is our first clue that fairness and justice are different concepts: they seem to be associated with different realms of life.

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The Social Justice Warrior’s 9 Theses Against this Blog and Its Author

This blog is racist, because it supports Israel over Islamic totalitarians, and because it posts videos of people speaking in front of Tea Party sympathizers. (You know, those horrible racists!)

This blog is sexist, because it uses “he,” instead of “he/she” or “(s)he” or “he or she” or “she,” when referring to those of unspecified gender.

This blog is ableist, because its author doesn’t believe people should be robbed to support the disabled, (and all the disabled are permanently useless and can never support themselves without the government forcing others to care for them.)

This blog is hateful of poor people, because it doesn’t support the forcible tearing down of rich people for their sake.

This blog is against sound economics, like the Broken Window Theory and “wealth inequality means everyone is poorer.”

This blog dares to peek beyond the Veil of Ignorance, and challenge John Rawls’s view of (social) justice as fairness.

This blog is homophobic, because its author doesn’t support laws forcing private businesses to hire or serve people they don’t want to, such as gays.

This blog is anti-science, because its author doesn’t want government to destroy people’s freedom on the basis of unreliable computer models.

This blog is triggering, because it contains offensively positive references to Ayn Rand.

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Related Articles:

Alternet’s Ayn Rand fetish

Salon’s Ayn Rand fetish

Israel and the Palestinians: Of War, Civilization and “Refugees”

Here is a sampling of audio, video and articles about the history of the Israeli/Palestinian-Muslim conflict and the current war in Gaza between Hamas and Israel:

An audio interview with Dr. Efraim Karsh, professor of Middle East and Mediterranean Studies at King’s College London on “The Arab-Israel Conflict and the Palestinian Refugees”:

(The original ARI page for this interview is here: “The Arab-Israel Conflict and the Palestinian Refugees”)

A video interview with Elan Journo about the current (2014) Israel/Hamas war:

Written articles:

Hamas and The Left’s Pretense about the Deaths of Innocents in Gaza

Israel and the Front Line of Civilization

Israel Has a Moral Right To Its Life

Student suspended for questioning CT Governor on Gun Legislation

First, government officials come after your Second Amendment rights. Then, when you peacefully question them about it and tell them that they’re destroying your business, government officials violate your First Amendment rights to shut you up! (Note that Asnuntuck Community College is a public/government institution.) All hail the coming police state!

Two Heads are Better Than One


Shut up

If you’re one of the many folks upset about Connecticut’s new gun laws, that state’s governor has a message for you: Shut Up.

Courtesy of the Daily Caller:

“…student Nicholas Saucier tried to get (Democratic Governor Dannel ) Malloy to answer questions about his support for gun control legislation, which has put Saucier’s ammunition manufacturing business in jeopardy. Saucier followed Malloy to his car after the governor finished speaking at a public forum at Asnuntuck Community College.

The exchange took place in October of last year, and was captured on video…” 

Sounds relatively harmless so far, right?

Now here’s the video:

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Yaron Brook Interview on The Heartland Institute Daily Podcast: The Philosophy of Liberty

What’s the difference between “equality,” as the US Founding Fathers meant it and “equality,” as those in today’s political Left mean it? The Founders created the freest and most prosperous nation on earth. Yet did you know that the Khmer Rouge of Cambodia were motivated by “equality” in the deliberate murder of millions of people?

In this interview with Jim Lakely of the Heartland Daily Podcast, Yaron Brook, president of the Ayn Rand Institute, discusses equality, morality and general philosophy, and their connection to liberty:

Here is Part 1.

I had some trouble with the player stopping in the middle. If anyone has this problem, the direct link to the file is here:

http://heartland.org/sites/default/files/yaronbrook-part1.mp3

Here is Part 2.

And the direct link to the file:

http://heartland.org/sites/default/files/fire-yaronbrook-part2.mp3

If you found the interview enlightening or persuasive, please share this post with as many people as you can. Yaron Brook has a very important message, and is an excellent speaker. Here is a particularly good example of his many lectures:

Finally, I recommend the book Yaron Brook coauthored with Don Watkins: Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government

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Related Posts:

How to Show That Taxation is Robbery

Wealth is Created by Action Based on Rational Thought

Why Healthcare in the US is So Expensive, and What Can Be Done About It

The Nature of the Morality of Rational Egoism: Short Notes

An Objectivist Refutation of Anarcho-Capitalism (Market Anarchy)