Explaining Re-Distribution of Wealth

Posted: May 20, 2011 in Uncategorized

Walter E Williams offers an interesting explanation of “re-distribution of wealth”, of the things the liberals have been pushing yet deny has any form of socialist agenda behind it.

First what is Socialism, per Merriam Webster:

Definition of SOCIALISM

1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

2a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state

Mr Williams offers an example of a pile of money, that we all share from, as being what would make sense for distribution of wealth. But we live in a society where we earn by doing, and exchange for services or products from others, who then earn by doing. He then shares how it is the government that is not offering a service, and should give back:

If anyone is obliged to give something back, they are the thieves and recipients of legalized theft, namely people who’ve used Congress, including America’s corporate welfare queens, to live at the expense of others. When a nation vilifies the productive and makes mascots of the unproductive, it doesn’t bode well for its future.

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