Free People are not Equal
Economic inequality is one of the most popular issues in our political and economic discourses. With the ‘Occupy Wall Street’ movement around the world, the debate has resurfaced in the global scenario too. In our context, totalitarianism is sought after for the sake of equality. The issue, no matter how well-intended, begs for a different perspective. Opportunities against outcome Equality of opportunity is indeed a prerequisite for a free society and the government can play a crucial role. Ensuring rule of law, property rights for every class of people and equal access to economic activities are things a government can do to achieve a prosperous society. On the other hand, equality of outcome sought through government actions is not only antithetical to a free society but also counter- productive to economic growth. Many intellectuals and politicians advocating equality tend to ignore that free people are not equal and equal people are not free. In a free society, economic outcome la...