Monday, April 16, 2012

It's Not Fair!

Equality of Outcomes is Un-American.  It would require enforced unfairness and a violation of our personal liberties...
Equality before the law and material equality are therefore not only different, but are in conflict with one another; and we can achieve one or the other, but not both at the same time. (F.A Hayek, The Constitution of Liberty, pg 150)
We are all different people, with different goals and behaviors.  Enforcing an equality of outcomes would require a tyrannical government imposing its vision on us all and treating each of us very unequally under the law.

Thomas Sowell echoes Friedrich Hayek as he punctures the chimerical argument of forced equality:
The latest example of this hoax is the joint crusade of the Department of Education and the Department of Justice against schools that discipline black males more often than other students. According to Secretary of Education Arne Duncan, this disparity in punishment violates the "promise" of "equity."
Just who made this promise remains unclear, and why equity should mean equal outcomes despite differences in behavior is even more unclear. (Sowell – The Big Hoax)
Sowell goes on to explain that it would be wrong to unfairly single out a particular group, but there is no evidence of that in the case of school punishment.  But why let facts get in the way of a feel good crusade?

Inequality really bugs some people:
It is not fair that LeBron James has a 40-inch vertical leap, and we have a 4-inch vertical leap (combined). It is not fair that some have high IQs, and others are below average. It is not fair that Christie Brinkley is beautiful, that some people are born with photographic memories, that one person gets cancer and the next one doesn't.

We Americans were born in a land of opportunity and wealth, while billions around the world are born into poverty and squalor. We won the ultimate lottery of life just by being born in this great and rich country. Where is the justice in that? (The Poverty of Equality)
What is the definition of "Fair Share?"
As for fairness, the wealthy already pay more than a fair share (the top 1 percent of income earners make 16 percent of income but pay nearly 40 percent of federal income taxes) ... (Let's hope that Obama doesn't start getting technical about "fairness," because the plutocrats would be in for a huge tax break.) (Harsanyi - Obama's "Fairness" Fiction)
Misguided do-gooders among us claim that if we could just make the "haves" of this world pay their "fair share," we could achieve "social justice." The OWS agitators claim that everyone should receive a wage regardless of whether they work or not, and it would presumably be funded by doubling the tax on "the rich."

 They talk of "equitably distributing the wealth," as if it were in a big community pot that belonged to all of us, or the government, depending on the propaganda narrative.
"THIS IS WHY it is wrong to even speak of the "distribution" of income and wealth. Income and wealth are not distributed. Income and wealth are created, and in a fair society they come into the world attached to the rightful owner that produced them." (The Poverty of Equality)
A quick lesson from the real world:
During the era of communism in the 1940s, '50s, and '60s, when all land was cultivated for the "common good" and food was evenly distributed to all, regardless of how much one worked, China produced way too little food, and many millions of people, including children, starved to death.
But then, starting in the 1980s, agricultural reforms began to emerge that allowed farmers to take a small plot of land and keep the food they grew. An amazing thing happened. Production of food on these very small tracts surged multiples higher than the output on the communal lands. The Chinese farmers saw output double and even triple from the previous arrangement where all food was put in a communal pot. Private ownership of the farms led to a green revolution, and China quickly became a food exporter. (The Poverty of Equality)
It's axiomatic. Free-market meritocracies work; spread-the-wealth autocracies do not. Capitalism has lifted over a half-billion Chinese out of poverty since 1981. But like water and electricity, human beings will take the path of least resistance. Envy, "that most anti-social and odious of all passions," is now easier to traffic in here in America than legitimate economic free-enterprise that has proven time and again to elevate one's station and to enrich societies.

What we're wanting in America is not some nebulous "fairness," "fair shares," "social justice," or, heaven forbid, equality of outcomes.  We are wanting economic liberty, equality before the law, and a permanent wall of separation between government and the rent-seekers of all stripes, corporate or otherwise.  Given a level playing field, mom and pop could compete with Walmart.

For a short and surprisingly snarky take on economic equality in America, read former FDIC chairman Shiela Bair's modest proposal to fix income inequality.

See also Winning the Fight on Fairness