“What those people who ask for equality have in mind is always an increase in their own power to consume. In endorsing the principle of equality as a political postulate nobody wants to share his own income with those who have less. When the American wage earner refers to equality, he means that the dividends of the stockholders should be given to him. He does not suggest a curtailment of his own for the benefit of those 95 per cent of the earths population whose income is lower than his.” — Ludwig von Mises
Posted on: Sat, 15 Nov 2014 06:49:01 +0000
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