This article analyzes the issues of prosperity and poverty, in the light of inequality in our society. Explains the working and success of open and free markets. Exposes the factors distorting and destroying the free markets. Sheds light on problems created by government interference in free markets. Shows, how equality of opportunities and inequality of results ends up helping everyone involved and equality of results takes away the incentive, making everyone a loser.
This article analyzes the debacle of Obamacare. Points out to the fact that it was upheld by Supreme Court only because of a reason repeatedly denied by president Obama and his administration, the fact that it is a tax. As a matter of fact the largest single tax hike in human history valuing upto 700 billion dollars. Proves that it has failed to deliver almost every promise attached to it. Concludes that in no way, it justifies the enormous cost.
This article analyzes history, in the light of different political and economic ideologies and point of views. Highlights the major players and their roles in good, and bad. Compares different interpretations and discusses various proposed solutions. Brings into focus the ideas of authority and freedom. Finds out, how government has been the single most common and destructive weapon, in all the destruction and havoc, ever imposed on humanity.
With the discussions continuing to rage concerning budget reductions and the correct policy of taxation in the US, the issue of fairness within a democracy is coming under an increasing focus. It is something that is entirely subjective to each individual and their own circumstances, and yet is often cited as reasoning when debates ensue about democratic policy and government rule. The issue of subjectivity is something that is difficult to incorporate when attempting to enforce a policy or law within a democracy, and can lead to complication in terms of the decision making process.
Taxation is a case in point, especially in the light of the suggestion that the US government will increase the tax liability of the rich in order to relieve the burden on lower income individuals and households. Backed by Barack Obama, it has instantly won the approval of an estimated 72 percent of the US society, who are in favor of focusing on the top two percent of earners in the country to reduce the vast national deficit. This is where the issue of fairness becomes important, and influences the thinking of voters and government officials alike.
The Processes of a Democracy
Democracy affords each individual member of a society a voice and opinion on any prevalent social issue, which can influence a government in imposing legislation and policy. However, a government cannot satisfy the requirements of each independent voter, and so must therefore make a decision that best suits the opinions and interests of the vast majority of it citizens. This is a slight anomaly that can complicate the process of a democratic regime, as some individuals can unreasonably expect that a democratic government should cater their their specific wants and needs.