Yes, free markets tend to produce unequal incomes. We should not be ashamed of that. On the contrary, our system is the envy of the world and should be a source of pride.
Happiness isn't found in some finite checklist of goals that we can diligently complete and then coast. It's how we live our lives in the process. That's why the four pillars of happiness are faith, family, community and meaningful work. Those are priorities we have to keep investing in.
The key to happiness is not being rich; it's doing something arduous and creating something of value and then being able to reflect on the fruits of your labor.
There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.
The more control you have over your life, the more responsible you feel for your own success - or failure.
The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives.
There's a general intuition around the nonprofit world these days that younger generations are less likely to join. But I have found in my research that that's quite wrong.
If you think spreading money around by force seems like an odd definition of fairness, you're not alone.
The truth is that relative income is not directly related to happiness. Nonpartisan social-survey data clearly show that the big driver of happiness is earned success: a person's belief that he has created value in his life or the life of others.
Free enterprise is essentially a formula not just for wealth creation, but for life satisfaction.
The battle is on, and nothing less than the soul of America is at stake.
We will have bigger bureaucracies, bigger labor unions, and bigger state-run corporations. It will be harder to be an entrepreneur because of punitive taxes and regulations. The rewards of success will be expropriated for the sake of attaining greater income equality.
Whether we look at capitalism, taxes, business, or government, the data show a clear and consistent pattern: 70 percent of Americans support the free enterprise system and are unsupportive of big government.
Conservatives are better talking about opportunity and growth in the abstract, while liberals talk more about poor people. Right now we [americans] need a good, optimistic, conservative opportunity ideology that is totally geared toward lifting up the poor. That's what I most want to see in candidates.
As a political independent, I would gladly vote for any political party dedicated to limited government and entrepreneurship.
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