Monday, May 04, 2009

NUTSHELL

The fundamental flaw in the principle of "spreading the wealth" arises from the following:

The rate at which a society produces wealth is dependent on directing those benefits to those who are most adept at producing wealth. Arbitrarily confiscating wealth from the one who produced it and giving it to someone who has contributed little or nothing simply decreases the rate at which wealth will be produced in the future.

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