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Philosophy
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Number of pages / Number of words: |
3 / 681 |
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First, giving a potentially capricious government of knaves the power to achieve equality gives it the power to do much else, including very undesirable, tyrannous things. Second, equality entails reduced incentives to those who are especially productive and leads to a trade-off between equality and efficiency of production (Okun 1975)...
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Finally, hierarchy, and hence likely inequality, is virtually necessary for achieving many desirable social goals, including simple order.
Hume canvassed these problems after first granting a view, later developed by F. Y. Edgeworth (1881) and other utilitarians, that, with typical inequality, we must "rob the poor of more satisfaction than we add
to the rich, and that the slight gratification of a frivolous vanity, in one
individual, frequently costs more than bread to many families, and even provinces" (Hume 1975, p 194)...
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power corrupts and absolute power corrupts absolutely
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