Thursday, January 11, 2024

Sharing the Wealth



“It’s no longer 1937,” Zegler, the actress playing Snow White in the upcoming movie, said. “She’s not going to be dreaming about true love, she’s dreaming about becoming the leader she knows she can be.”

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The “fatal conceit” (Friedrich Hayek’s term) is the optimistic delusion that planners can manage economic growth by substituting their expertise for the information generated by the billions of daily interactions of a complex market society.--Will

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There is a group before the courts called The Satanic Temple. They are suing over abortion laws, saying they think abortion is a sacrament.
The Bell Curve is spreading, as is civilization's tolerance.

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Sharing the Wealth

"Sharing the wealth" historically has had a vindictive tone, a snarl from those who feel wronged because they are on the wrong side of the "fixed pie fallacy." And sharing the wealth is painful and difficult. There can never be enough sacrifice. Sharing wealth always results in a loss of wealth rather than lifting the poor. What, for example, is the logical endpoint of the rising tide of migrants in New York?

Here is a narrow representation of world poverty.

"It’s easy to treat reducing carbon output as the world’s priority when your life is comfortable. Things can still be tough for people in high-income countries, but the 16% of the global population who live in those countries don’t routinely go hungry or see their children die. Most are well-educated, and the average income is in the range of what was once reserved for the pinnacle of society.

"Much of the rest of the world, however, is still struggling. While conditions vary, across poorer countries five million children die each year before their fifth birthdays and almost a billion people don’t get enough to eat. More than two billion have to cook and keep warm with polluting fuels such as dung and wood, which shortens their lifespans. Although most young kids are in school, education is so dismal that most children in low- and lower-middle-income countries will remain functionally illiterate.

Opportunity is restricted in particular by a lack of the cheap and plentiful energy that allowed rich nations to develop. In Africa, electricity is so rare that total monthly consumption per person is often less than what a single refrigerator uses during that time. This absence of energy access hampers industrialization and growth. Case in point: The rich world on average has 530 tractors per 10,000 acres, while the impoverished parts of Africa have fewer than one."--Lomborg

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Lomborg believes in the reallocation of resources. This is a twist on egalitarianism which aims to bring everyone low. One wonders if the apparent vengeful objective of these climate activists has an element of hairshirted self-denial that attempts to share the pain of the poor through self-mortification rather than helping them rise and alleviate that pain.

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