Friends of Liberty VOL 12
06/21/2009
Egalitarianism is the political belief that all people should be equal
in all ways, that Government should enact legislation that removes the
inequalities of life, creating a truly classless society. All people are
entitled to equal pay and equal economic outcomes. Usually this
philosophy is associated with Socialist Communism; however, in recent
years I believe the United States has broken new ground on a very old
concept.
The left wing in this country has long stoked the fires of class envy.
The poor and middle class are educated daily in modern media as to the
evils of the wealthy while at the same time being told they deserve
their fair share of the pie. For seventy years unions have championed
the message that America's wealth is built on the backs of the little
guy. Meanwhile, as the rich became richer, a funny thing happened. More
and more of the poor moved into the ranks of the Middle Class. Although
these people were monetarily rewarded for their hard work, boosting
their lifestyles dramatically, many of them still harbored the notion of
class envy. Perhaps with the increased wealth of the Middle Class,
people get a taste for the lifestyle of the truly wealthy. Now they not
only resent it---they're close enough to grab a piece of it for
themselves.
What is the American Dream in 2009? To many it seems to be a $500,000
house, two SUVs in the driveway, a country club membership, fine---no
make that---exquisite--things, and extravagant vacations. The media and
Madison Avenue definitely portray it that way. We are surrounded by
commercialism that tells us we deserve things we cannot afford. Listen
to television or radio commercials and count how many times the word
"deserve" is used. We deserve that Lexus---and that Acura. We deserve
those diamond earrings. We deserve that vacation to Florida. We deserve.
In the next commercial you will hear about credit card companies or
automobile dealers or lending institutions that "love bad credit". Bad
credit? No problem.
The Middle Class, particularly the Upper Middle Class, discovered some
time in the late 80s or early 90s they could live the lifestyles of the
rich and famous. They could get that high-priced mortgage with no money
down (thanks to Government meddling in the mortgage industry), buy or
lease that expensive Mercedes, take that European vacation and just
"flex the plastic." As a society we over-reached on our mortgages and
then ran up our credit cards to compensate for luxuries like milk, eggs
and bread. All the while we were "flexing the plastic" commercial retail
was thriving and expanding. Homebuilders were on fire, subdivisions
going up everywhere. Sales tax to the states went through the roof and
they spent the money as fast as they could.
This was not just a phenomenon of the Middle Class. The lower income
folks did the same, just not at such extravagant levels of spending.
Our society as a whole sought our own version of Egalitarianism. We
attempted to equalize at the levels of the rich and famous with no real
capital to back us up. For two decades our society was a credit financed
illusion---a drunken orgy of living beyond our means. Now the hangover
has started. People are not broke---they are way beyond broke. Banks
that lent the money are broke. Retail and commercial businesses
everywhere are going belly up due to the dry-up in disposable income.
When these businesses do close, the real estate industry and lending
institutions take more hits. The Government, both State and Federal, are
seeing massive reductions in tax revenue, since to pay taxes a business
must make a profit.
We did this to ourselves. We saw the American Dream and we wanted the
trappings of that dream without the hard work that accompanies it. I
once asked a class of high school students which they would prefer:the
trappings of success only, or the trappings of success as a result of
some great accomplishment. In other words, would you be happier to just
have the money or do some great thing that results in you getting the
money? They all agreed if they could get the money for nothing---they'd
take it. What does this say about our society?
JC
by Jim Clonts,
2009
We've Just Tried Egalitarianism---and it didn't work
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