Fallacy of Economic Justice.pdf

Fallacy of Economic Justice.pdf - The Fallacy of Economic...

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The Fallacy of Economic Justice By Rick Fish Many people refer to modern times as the Information Age. However, I think a better name for our times is the Age of Misinformation. Most Americans do not realize the serious problems our country is currently facing. Those that do, often focus on symptoms, not the fundamental causes. One of the major attacks on our economic freedom occurred in the early 20 th century when Progressives overthrew the Founder's political philosophies of fundamental liberty and economic liberty (the pursuit of individual happiness). These Progressives substituted our Founders’ ideals with an erroneous philosophy or fallacy of “collective happiness,” or as it is often called: social justice. Even though the issue is couched in the terminology of “social justice,” their fight was for “economic justice” or the redistribution of wealth. These early Progressives started a movement that has continued slowly but inexorably to lead America away from the ideals of our inspired Founders. Now, as a nation, we are fixated on “equal outcomes” instead of economic liberty to succeed or fail. It is like gambling with other peoples’ money. If you lose, you insist, expect, and feel entitled to be bailed out and made economic “whole” again under the guise of social justice or being too important or big to fail. On the other hand, however, winning gamblers insist that they did all of the work and are entitled to all “their” winnings. Even though it wasn’t their money they gambled with, so long as they are winning they are great advocates for free-market capitalism, but when they lose, they expect to be bailed out. The fallacy of economic or social justice is that it actually results in injustice for “everyone” because everyone in the long run ultimately loses under this system. Those who profit from other people’s time and labor most often become insatiable in their wants and demands because at their core these people cannot find happiness (pursuit of happiness) or respect from living off of others. And of course, those who bear the burden of providing for those who could provide for themselves have been denied their blessings of liberty (fundamental liberty and also economic liberty). Unfortunately, if an attitude of entitlement becomes generational, then those who bear the burden have lost their liberty not only for themselves but also for their posterity. Non-taxpayers seldom respect and appreciate those who labor to provide for them. Moreover, non- taxpayers seldom respect and appreciate a country that forces laborers to provide for those who could provide for themselves. Our Founding Fathers clearly distinguished between the deserving and undeserving poor.
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