Today at FreeSpeech there is a link to a stunning pice that suggesets that income inequality is less severe in the US than in socialist Western Europe. This remarkable claim is based on a formal study of the issue of income inequalities worldwide, The New Geography of Global Income Inequality by Glenn Firebaugh.
If this is true, the truth of which we won't know for a while, it removes the last leg of socialism. It is bad enough that socialism has hampered Europe and elsewhere so strongly that the US alone accounts for 60% of world GDP growth. If the evidence finally shows that socialism can provide neither for the general security nor the general prosperity, but in fact increases both internal violence (see below) and income inequality, we may at last see an end to that sinkhole of human energy and freedom.
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