Thursday, September 18, 2014

Confiscationism 101

Confiscationism 101

PERSON A – This person, of their own free will, elects to work from age 22 until age 52 six days a week, 12 hours a day, to get themselves and their family up to a certain standard of living.  They carefully invest 100 dollars a month in a moderately risky mutual fund for those 30 years to insure they take advantage of the miracle of compound interest and will comfortably be a millionaire in retirement.

PERSON B – This person, also of their own free will, elects to work 9 to 5 five days a week, then go home and watch 6 hours of television, as well as much sports as they can all weekend. 

CONFISCATIONISM holds that in principle it is morally acceptable to take money from A to give to B for social services.

No comments:

Post a Comment