Most of the concentrated wealth was acquired by cronyism and similar attachments to government and a violation of just means. The wealth inequality we are experiencing is a government creation. This video doesn't separate that from free market acquisition of wealth.
PS: Robin Hood also stole from the government (the sheriff) and gave the wealth back to the people from which it was taken, or maybe I got the story wrong.
Most of the concentrated wealth was acquired by cronyism and similar attachments to government and a violation of just means. The wealth inequality we are experiencing is a government creation. This video doesn't separate that from free market acquisition of wealth.
ReplyDeletePS: Robin Hood also stole from the government (the sheriff) and gave the wealth back to the people from which it was taken, or maybe I got the story wrong.
Good video. Really shows you the benefit of FAME too. If you can get a lot of people to pay you a little bit, you can get very wealthy.
ReplyDeleteBack in the 80s, Anarchy State and Utopia was the 2nd Libertarian book I read, right after Rothbard’s For a New Liberty
ReplyDelete