“Education is still the best predictor of success,” I am not so sure.
By Daniel at 30 December, 2009, 12:07 pm
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There are to many educated idiot driving unpaid BMW.
Innovation, hard work, some luck and a fully paid used car will make more millionaires than any school will ever do.
Equality is a ridiculous and naive goal. Most politicians talking about equality are really looking for more power. When every one is equal the master is in total control.
The freedom of equal opportunity however needs to be absolutely protected even if we recognize that it can not be fully possible. I may not have a talent for music but I admire people that have received this unequal gift of nature,
At the Olympics in a specific discipline there is only one ho gets a gold medal. Should I stop swimming ?
America attracted ambitious people from all over and the last thing they wanted is equality.
The present equality philosophy is not fair and comes mostly from the academic and Government systems. It is base on a non rational perception of value. Government employees use equality because they have no reference to real valuation. To them, same job or same education equals same pay. Since no one buys there products on a voluntary basis its impossible to place a real valuation on there job.
The disparity of wealth in a real free market economy is not a problem at all its actually a very positive motivation.
The problem with the present deliberate inequalities is very different and has to do with the creation of a plutocracy disguised as a liberal democracy.
The Government and the financial world’s pirates diluting wealth,the Crony Capitalism system,the Federal Reserve diluting people wages to hide the irresponsible massive debts, and the Government deresponsabilisation of the individual are the major cause of deliberate inequalities. This is very different from the inequalities of a dynamic constantly changing free economy.
Small business in the US create 75% of jobs. They generally have no and should never have special treatment but he gets all the favors and the billions and why? How benefits from ever increasing new bureaucratic regulations ? It’s the less or none competitive corporation’s the one’s that have been downsizing for 20 years, that created nothing other than using Wall Street easy money to buy and eliminate innovative corporations.They often had no internal growth. They expand by acquisition destroying jobs in the process until they eventually destroyed themselves.
That’s when the government comes in with even more billions to subsidizes there failures and preserve the past. This is often done with the same over paid incompetent management and corporate princes.
Since the financial crisis, thanks to the government of the people big corporation that failed have gotten even bigger. A little bit more deliberate concentration of wealth.
- Illusion Maker
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