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Inequality is par for the course in a free market economy

Posted on September 25, 2018 By benign0 No Comments on Inequality is par for the course in a free market economy
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Philippine Opposition “thought” leaders, only quick to throw a wet blanket over recent reports of economists forecasting the Philippines’ economy attaining “upper middle income” status by 2022, lament how there will still be “tens of millions of poor Filipinos” nonetheless.

Well tough shit, right?

It is not surprising that these whiney voices come from the cliques of communists that infest the Philippines’ political chatter. Theirs is an ideology that prefers to command that “equality” be “implemented” on the wishes of a “central committee”. This sort of thinking is, of course, a seductive one to losers who prefer dole outs to the old fashioned approach to earning their daily bread.

A free market, however, is nothing like such a command-and-control regime that these commies are fighting for. Free markets have lots of room for both winners and losers. On which side of the equation each individual wants to be is entirely up to him or her.

Freedom is a bitch if you are one of those whiney losers who can’t take personal accountability for her own fortunes.

benign0
benign0

Webmaster of Get Real Philippines

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Economy Tags:economic development, Third World

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