The Income Gap Obsession

By Jeffrey Tucker
Nov. 10, 2011

The word “equality” is being rammed down our throats every day, with special focus on the so-called “income gap.” The presumption is that we should all denounce the gap, work to eliminate it and embrace perfect equality as an ideal.

It’s true that inequality is growing, but the focus on that alone is sheer folly. Equality applies to math equations. You could also use it to describe how the law should be impartial with respect to persons — the traditional use of the term “equality” in the classical liberal literature. But that’s it. Otherwise, an obsession with this topic is very dangerous for a free society.

That’s because the people who invoke equality have no intention of creating the conditions to make it easier for the poor and for middle-income earners to grow rich. Leveling upward is never the goal. Egalitarians want to flatten incomes at the top so that the rich no longer exist. This can’t help anyone but the envious, those who get a kick out of destroying, rather than creating.

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