It's interesting that those who disparage the profit motive (typically through sloganeering such as "People Not Profits") are generally also in favor of higher taxes, along with government spending and wealth redistribution. Profits are best understood as a reward for providing a useful product or service, taxes as a punishment for productive economic activity, and wealth transfers as a subsidy from the more productive to the less productive. Given the incentives at work, is it any mystery where such policies ultimately lead?
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