Sunday, April 12, 2020

Joint Ownership

A socialist would claim that mutual ownership and equal allocations of resources and income are serving the public good.

A capitalist and individualist like me would counter that the public good is best served by inequality of outcomes, based on individual effort, self-reliance, wealthy and property accumulation earned and worked for under a free market economy and a political system that is a constitutional republic.

Therein, the citizens fight for their share of the pie and the inequality of outcomes, though real and actual, would not much matter because the average income level of most inducstrious individuators  would be upper class--who cares if there are some billionairs or trillionaires, when almost all are so affluent and independent of honoring the wishes of officials, the super rich, and elites of any kind.

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