![]() The propagandist Danilov was right in the 2001 movie Enemy at the Gates. ![]() However, inequality is not morally important. And, of course, some people will point with at least some justice to the problems of inequality. 1 You have as much right to stop someone from spending the wrong way as you have to stop them from kissing or praying the wrong way. Competition means more and more of the gains from innovation have gone not to the innovators themselves or to grasping producers but to consumers.Įxchanges hurt no one-at least, as Paul Heyne points out, no one with a right to be consulted. It is not an exchange means both parties are better off. ![]() Karl Marx thought exchange was mutual swindling. But, unfortunately, it’s an inadequate description of the Bourgeois Era, where for about two-and-a-half centuries, people had been enriching themselves by enriching others. It’s an understandable thing to believe throughout most of history when the way to enrich yourself was to make other people poorer. ![]() It sees the world as a story of an unending struggle over a fixed prize such that someone who has something only has it because someone else does not. ![]() People believe many myths, but I suspect few are as pernicious as the zero-sum fallacy. ![]()
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