Inequality is devastating America, Ocasio-Cortez claims. Does she suppose that simply making the wealthy a bit poorer will magically make the poor richer?Read more here.
...Does Ocasio-Cortez agree with her policy man Dan Riffle that the mere presence of billionaires is a moral failing for the country? “Bill Gates’ money hoarding makes him greedy,” Riffle recently tweeted, “but maybe he goes 6/6 on the other deadly sins and, on balance, is a good person. Still, he’s a policy failure. The acquisition of that much wealth has bad consequences. A moral society needs guardrails against it.”
What “bad” moral consequences does Ocasio-Cortez believe Gates’s wealth has caused America? Is it the approximately 140,000 people his company productively employs? Is it the sizeable investments he’s made in other tech companies over the past decades? Is it the accessible technology his company produced? Or is it his huge charitable donations?
...Ocasio-Cortez once declared that too many people were “more concerned about being precisely, factually and semantically correct than about being morally right.” That’s because, like all religions, socialism necessitates a degree of blind faith and moral certitude. This is fine for the celestial world. On Earth, however, populist economic policies propelled by voters’ natural aversion to the wealthy might be morally pleasing, but it is often destructive.
Here, you can’t be morally right and factually wrong at the same time. That’s a big problem for collectivists.
Thursday, January 24, 2019
Down here on Earth you can't be morally right and factually wrong at the same time!
David Harsanyi writes in the Federalist,