Rik Schneider Online

Thursday, May 10, 2012

Commonsense Capitalism: Milton Friedman's Free to Choose- Are We Created Equal?

Thomas Sowell-
As much as Progressives may claim there is, there’s no such thing as a Socialist Utopia in the world, there people living in poverty all over the world. Just as there are people living in abundance all over the world as well. The term that all men are created equal, goes to all races and ethnicities. That everyone should be treated equally under law, that no one should be treated better or worse based on their race, or ethnicity, under law. But that doesn’t mean that we get equal amounts of the resources that are produced in the world. What we get out of life, is what we put into it, in most cases. America, is a perfect example of this. That if we have good skills, we get a good education and then we apply what we learn and our skills, that we are going to be very successful in life. And that the people who don’t have these skills, or don’t apply their skills, they underachieve, then they aren’t going to get much out of life. And end up living in poverty or end up in the criminal justice system.

So what we need to do as a society, is create or go back to an economic system that empowers all Americans, to have a good opportunity to be successful in life. Have a system of equality of opportunity, or an opportunity society where we all have a good shot of being successful in life. Which is different from equality of result. Where the state collects all the resources and then divides them up based on what they feel the people need to survive. That would be a socialist system, with a heavy welfare state. Where the people would be dependent on the state for their survival. Even if they have the skills and are productive to take care of themselves.

We can do much better than creating a collective state, or a superstate and allow everyone the opportunity to be successful in life on their own and not be dependent on the state. And we can even have a system that empowers people who fall through the cracks to be able to get up and take care of themselves. We are not all equal as far as what we produce and create for society and ourselves. Some people are just more productive than others for whatever reasons. And should be rewarded for that. But we do need a system that empowers everyone to be productive. So we can have less income inequality, but we’ll never eliminate it, as long as we have Americans who are more productive than others.