{"id":399409,"date":"2019-03-14T01:40:52","date_gmt":"2019-03-14T00:40:52","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/is-income-inequality-fair-lewrockwell\/"},"modified":"2019-03-14T01:40:52","modified_gmt":"2019-03-14T00:40:52","slug":"is-income-inequality-fair-lewrockwell","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/is-income-inequality-fair-lewrockwell\/","title":{"rendered":"Is Income Inequality Fair? &#8211; LewRockwell"},"content":{"rendered":"<div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t                            \t<!-- S3 Cache --><!-- S3:S3:Non-Original -->\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Some Americans have much higher income and wealth than others. Former President Barack Obama explained, \u201cI do think at a certain point you\u2019ve made enough money.\u201d An adviser to Rep. Alexandria Ocasio-Cortez who has a Twitter account called \u201cEvery Billionaire Is A Policy Failure\u201d tweeted, \u201cMy goal for this year is to get a moderator to ask \u2018Is it morally appropriate for anyone to be a billionaire?&#8217;\u201d Democratic presidential hopeful Sen. Elizabeth Warren, in calling for a wealth tax, complained, \u201cThe rich and powerful are taking so much for themselves and leaving so little for everyone else.\u201d<\/p>\n<p>These people would have an argument if there were piles of money on the ground called income, with billionaires and millionaires surreptitiously getting to those piles first and taking their unfair shares. In that case, corrective public policy would require a redistribution of the income, wherein the ill-gotten gains of the few would be taken and returned to their rightful owners. The same could be said if there were a dealer of dollars who \u2014 because of his being a racist, sexist, multinationalist and maybe a Republican \u2014 didn\u2019t deal the dollars fairly. If he dealt millions to some and mere crumbs to others, decent public policy would demand a re-dealing of the dollars, or what some call income redistribution.<\/p>\n<p>You say, \u201cWilliams, that\u2019s lunacy.\u201d You\u2019re right. In a free society, people earn income by serving their fellow man. Here\u2019s an example: I mow your lawn, and you pay me $40. Then I go to my grocer and demand two six-packs of beer and 3 pounds of steak. In effect, the grocer says, \u201cWilliams, you are asking your fellow man to serve you by giving you beer and steak. What did you do to serve your fellow&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.lewrockwell.com\/2019\/03\/walter-e-williams\/is-income-inequality-fair\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some Americans have much higher income and wealth than others. Former President Barack Obama explained, \u201cI do think at a certain point you\u2019ve made enough money.\u201d An adviser to Rep. Alexandria Ocasio-Cortez who has a Twitter account called \u201cEvery Billionaire Is A Policy Failure\u201d tweeted, \u201cMy goal for this year is to get a moderator [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-399409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/399409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=399409"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/399409\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=399409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=399409"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=399409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}