Page 29 - Wage Equality News Today

Equality, income inequality , and it is spoken as if the government should step in to maken sure people are on the same playing field. is that what thehe frame one - - the framers meant quick. >> i dont think so. is professed by my late colleague was a famous economist milton friedman said those people who put equality before liberty are not likely to have much of either if they put liberty before equality are likely to have a large measure of both. so when people talk about inequality of income...

Prior to capitalism, the way that people became rich was through plundering and enslaving their fellow man, but the free market made it possible for people to amass huge amounts of wealth by serving and pleasing their fellow man. mark: and socialism, communism weve been talking about destroying that entire market. >> oh, yes. mark: destroys that entire initiative? >> thats right, absolutely. >> and socialism and communism are about redistribution, right? >> right. mark: theyre not about creating...

Continue to refrn liberty and individualism out of society in the name of the people and equality. theyre still not equal. >> or equally oppressed. mark: yeah, yeah, theyre dirt-poor and starving to death. thats the equality we can live without. >> thats right. >> well be right back. -looks great, honey. -right?

Inequality, and it is spoken of as if the government should step in and make sure people are on the same playing field. is that what the framers meant by equality? >> no, i dont think so. i think it was put best by my late colleague and very, very famous economist milton friedman. he said that those people who put equality before liberty are not likely to have much of either, but those people who put liberty before equality are likely to have a large measure of both. and so when people talk abou...

Lawsa everybody else. we dont want to be targeted by the crown or mistreated. equality, you should be treated the same in our justice system regardless of race, weight, height, as best as we can do in a perfect world, but you cant possibly have equality, can you, when you have individual human beings in a relatively free society pursuing their own interests? some people may work harder than others, smarter than others. as you point out some people produce more things that more people want, and y...

That produce inequality thats caused by government, such as occupational licensing laws. say like in new york city at one time to own and operate one taxi, you had to go out and buy a medallion, a license that cost $700,000. that has the effect of denying people the right to get in the taxicab business, and these taxicab owners, theyll pay politicians through political contributions to keep such a restriction. so i think what we need to do, we need to make sure that theres -- what some people ca...

That produce inequality thats caused by government, such as occupational licensing laws. say like in new york city at one time to own and operate one taxi, you had to go out and buy a medallion, a license that cost $700,000. that has the effect of denying people the right to get in the taxicab business, and these taxicab owners, theyll pay politicians through political contributions to keep such a restriction. so i think what we need to do, we need to make sure that theres -- what some people ca...

Treated the same way under the lawsa everybody else. we dont want to be targeted by the crown or mistreated. equality, you should be treated the same in our justice system regardless of race, weight, height, as best as we can do in a perfect world, but you cant possibly have equality, can you, when you have individual human beings in a relatively free society pursuing their own interests? some people may work harder than others, smarter than others. as you point out some people produce more thin...

Prior to capitalism, the way that people became rich was through plundering and enslaving their fellow man, but the free market made it possible for people to amass huge amounts of wealth by serving and pleasing their fellow man. mark: and socialism, communism weve been talking about destroying that entire market. >> oh, yes. mark: destroys that entire initiative? >> thats right, absolutely. >> and socialism and communism are about redistribution, right? >> right. mark: theyre not about creating...

Continue to refrn liberty and individualism out of society in the name of the people and equality. theyre still not equal. >> or equally oppressed. mark: yeah, yeah, theyre dirt-poor and starving to death. thats the equality we can live without. >> thats right. >> well be right back.