Tag: Income Inequality
Disuguaglianza Come Gioco a Somma Zero
Di Kevin Carson. Originale pubblicato l’undici febbraio 2016 con il titolo Inequality is a Zero-Sum Game. Traduzione di Enrico Sanna. In un recente commento (“Economic Inequality”, gennaio 2016), l’investitore Paul Graham difende la disuguaglianza dicendo che non è necessariamente il risultato di un gioco a somma zero. Solitamente non lo è, dice. E accusa “gli…
My Anarchist Take on the Panama Papers
The release of the Panama Papers last weekend — a paper trail of eleven million leaked documents from the Mossack Fonseca global law firm — shows how major global banks move assets of billionaire capitalists and major political figures offshore to protect them from taxation. The revelation has stirred up a political hornets’ nest all…
“Redistribute Wealth by Heavy Taxes”? It’s Already Been Done on Feed 44
C4SS Feed 44 presents Kevin Carson‘s “‘Redistribute Wealth by Heavy Taxes’? It’s Already Been Done” read by Tony Dreher and edited by Nick Ford. The main thing governments have existed for, since the beginning of history, is to levy taxes on workers and producers in order to provide rents for the economic ruling classes that…
Inequality is a Zero-Sum Game
In a recent commentary (“Economic Inequality,” January 2016), venture capitalist Paul Graham defends inequality on the grounds that it’s not necessarily the result of a zero-sum game. In fact, he says, it’s usually not. He accuses “the most naive” critics of growing levels of economic inequality of starting out from “the pie fallacy: that the…
What’s Wrong with Inequality?
If you believed the talking heads, you might think concern with inequality in our society was just a product of envy and economic ignorance. That’s another reason not to believe the talking heads. The fact that someone has more wealth than I do doesn’t injure me or make me worse off. And the economy isn’t…
The State Enables Sky-High CEO Salaries
The High Pay Centre has garnered a lot of attention in the British media over the last few days, reporting that on January 5th — what they have dubbed “Fat Cat Tuesday” — average high-earning CEOs’ pay will have already surpassed the annual pay of the average British worker. The High Pay Centre claims more…
Inequality Isn’t Something That Just “Happens”
A think piece by Walter Frick at Harvard Business Review (“Understanding the Debate Over Inequality, Skills, and the Rise of the 1%,” Dec. 21) draws a line in the inequality debate between those (mostly CEOs and other corporate apologists) who see it as resulting from a mismatch between the supply and demand for certain skills,…
Mobilità, Meritocrazia e Altri Miti
All’American Enterprise Institute, Mark Perry (“Yes, America’s middle class has been disappearing… into higher income groups,” 17 dicembre) spiega la contrazione della classe media e la crescita della disuguaglianza economica citando un recente studio del Pew Institute, dal quale risulta che, dell’11% per cento di americani che non fanno più parte del ceto medio, il…
Mobility, Meritocracy and Other Myths
At the American Enterprise Institute, Mark Perry (“Yes, America’s middle class has been disappearing… into higher income groups,” Dec. 17) justifies the shrinking middle class and growing economic inequality by citing the finding of a recent Pew Institute study that of the 11% shrinkage in the American middle class, 7% have gone to the top…
Zoning Doesn’t Help Lower Classes
Someone shared this on my FB. My desultory comment: I first heard the argument for wholesale abolition of zoning from my first-year design lecturer. Two observations, though. Firstly, the term “zoning” may be used in wider and narrower senses. In some contexts it refers only to what land is used for; in others, like Cape…
Libertarian-splaining to the Poor
In a video produced by the Future of Freedom Foundation (“The Libertarian Angle: Do Libertarians Really Hate the Poor?“), Jacob Hornberger and Richard Ebeling obviously intend a smashing, unanswerable rejoinder to the left-wing stereotype of right-libertarians as “pot-smoking Republicans” who hate the poor. Sadly, it only reaffirms that stereotype. It’s exactly what left-wing critics of libertarianism…
If You Can’t Knock Down Left-Libertarianism, Knock Down Straw
Somehow left-libertarianism (or at least my article “What Is Left-Libertarianism?” Center for a Stateless Society, June 15, 2014) has come to the attention of Heather Johnson, a Libertarian candidate for Senate in Minnesota. And not in a good way. “Left-libertarianism,” she says on her Facebook page, “is as much bull***t as right-libertarianism,” because it “violates……
The Weekly Libertarian Leftist Review 95
Ira Stoll discusses how Trump and Sanders are similar. A. Barton Hinkle discusses libertarian approaches to dealing with income inequality. Tom Engelhardt discusses the U.S. antiwar movement. Richard Ebeling discusses the views of John Stuart Mill. Justin Raimondo discusses Hilary Clinton, Chelsea Manning, and double standards. Jacob G. Hornberger discusses Jeb Bush’s confused mindset on…
Toxic Waste and Inequality Are Good for You on Feed 44
C4SS Feed 44 presents Kevin Carson‘s “Toxic Waste and Inequality Are Good for You” read by Mike Godzina and edited by Nick Ford. After making the arguments above, Pagels slips and reveals the real source of his primary concern: “Most income inequality reports focus only on the most negative interpretation of the data, creating a narrative that the…
Toxic Waste and Inequality are Good for You
To paraphrase Homer Simpson, Reason is the only magazine with the guts to tell it like it is — that everything is just fine. This time Jim Pagels (“Misleading Inequality Report Is Nothing to Fear,” January 22) reassures us that inequality’s nothing to worry about, despite Oxfam’s “misleading” recent report that the 1% may soon have more…
The Libertarian Road to Egalitarianism on Feed 44
C4SS Feed 44 presents David S. D’Amato‘s “The Libertarian Road to Egalitarianism” read by James Tuttle and edited by Nick Ford. But we needn’t regard inequality as a weak point in our arguments for economic freedom, or as an issue on which we simply cannot win. Existing economic relations are not the product of freedom of exchange or…
The Libertarian Road to Egalitarianism
A recent National Bureau of Economic Research study by Emmanuel Saez and Gabriel Zucman finds that “the top 0.1% of [American] families now own roughly the same share of wealth as the bottom 90%.” Furthermore, the study shows that the “recovery” we keep hearing about hasn’t reached the middle class, with only those atop the economic pyramid seeing its benefits. With a…
Human Potential Actualized
The 2008 global financial crisis has had far-reaching implications, depressing markets for years. Charged with US monetary policy, the Federal Reserve Bank, with its mantra of “too big to fail,” is empowered to manage the economic downturn. The central bank’s monetary policies effectively redistribute wealth to the upper tiers of society — and the proof is…
The Libertarian Road to Egalitarianism on Feed 44
C4SS Feed 44 presents David S. D’Amato‘s “The Libertarian Road to Egalitarianism” read by James Tuttle and edited by Nick Ford. But we needn’t regard inequality as a weak point in our arguments for economic freedom, or as an issue on which we simply cannot win. Existing economic relations are not the product of freedom of exchange or…
The Anatomy of Escape
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Markets Not Capitalism
Organization Theory
Conscience of an Anarchist