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Townhall
Finance
Teaching
How to Sell Women into
Slavery
John Ransom
May 30, 2013
Every
time our culture passes gas
sideways, liberals love to trot out the theory of “income inequality”
as the
culprit behind it.
From
the modern theory of
“bullying,” to global warming, to breast cancer, to riots in Sweden,
France, or
the disappearance of the arctic ice shelf, income inequality looms
large in
liberal cosmology.
At
a time when more people in the
history of world have become upwardly-mobile, solid members of the
middle-class, liberals believe that they must stop the natural process
by which
people are moved out of poverty in favor of some sort of
state-sponsored
program that ensures “fairness.”
From
the Huffington Post:
Participants
in the annual World
Economic Forum summit in Davos, Switzerland are citing worldwide income
inequality as a problem that needs immediate attention, according to
multiple
reports. The political, cultural and business leaders convening in
Switzerland
this week are the latest group to express pointed concern over the
growing gulf
between the planet's richest and poorest citizens.
Several
of the wealthiest Davos
attendees have told the press that they believe the current lopsided
distribution of wealth is unsustainable -- that the "global
social-economic order will change, if we want it or not," in the words
of
one industrialist quoted in Bloomberg.
It's
not just them. The Forum's
annual Global Risks report names "severe income disparity" as the
issue most likely to affect the world over the next 10 years. And a
poll of
Davos participants conducted by Bloomberg News found that more than
half
believe income inequality is bad for economic growth -- a conclusion
also
reached by the International Monetary Fund last year.
About
two-thirds believe
governments should take active steps to address the issue, the survey
also
found.
The
Davos summit, taking place this
week, comes after nearly a year of international protests inspired by a
lack of
economic opportunities, from Tahrir Square to Zuccotti Park, and on the
heels
of numerous studies showing much of the world's population struggling
with
deprivation.
Read
the rest of the article at
Townhall Finance
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