Thursday, July 11, 2013

The colectivists motivation

The progressives (or collectivists) are not motivated by love for the poor, they are motivated by hatred of the successful. If they were truly concerned about the poor, they would be honest and study and analize facts, and they would discover that the best way to help the poor and reduce inequality, is to create jobs. And the best way to create jobs is to favour the accumulation of capital first, and stimulate investment afterwards.

Once jobs are created, the only way to raise real salaries for workers permanently is to increase the productivity of labor by increasing the amount of invested capital per capita, and improving the methods of production.

The only means to elevate real salaries and to improve living standards for the masses is to accelerate the growth of capital so that it grows faster than the population.

The only thing the government can do to improve the welfare of it citizens is to establish and preserve the institutional order so that there is no obstacle to the formation of new capital nor for its utilization to improve the methods of production.

This is a summary of concepts by Ayn Rand, and Ludwig Von Misses, truly great minds.

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