Tuesday, September 27, 2011

Quote of the Day: The Nagging Claim of Class Warfare

Old capitalist pyramid became an American diamond.
"Those who proclaim these two things – social flatness and vigorous market competitiveness – to be inherent opposites, in perpetual conflict, are simply fools or historical ignoramuses — or outright liars. They are pushing the sick illogic of the zero sum game. Indeed, Adam Smith himself contended, in both Wealth of Nations and The Theory of Moral Sentiments, that a relatively flat social order — combined with lots of opportunities for the poor to get education, so the total number of competitors is maximized — can vastly increase the total number of people who get rich in the best way, by delivering innovative goods and services."

--David Brin, Institute for Ethics & Emerging Technologies (whole article here).

(Graphic: erzwiss.uni-hamburg.de)

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