Tuesday, May 4, 2010

Why do we punish success and reward failure?

This seems quite appropriate given the current debates about whether to have financial reform that includes measures to bail out failed banks in the future, about whether or not to lower corporate taxes—already the highest in the developed world, and about whether Apple is guilty of monopoly practices because it refuses to allow developers to use Adobe's Flash software in apps for the iPhone and iPad, preferring instead to rely on open standards. And of course, punishing success is what Obama's "spreading the wealth" is all about.

4-Block World

HT: Mark Perry.

1 comment:

W.E. Heasley said...

Incentives and disincentives!

The three classes of business described fits nicely into the class warfare argument. The three classes fit nicely into the argument of “achievement” must mean “unfairness”. The three classes fit nicely into dumb-ing down everything and everybody to “average”.

Wait a minute! The three classes are the result of the class warfare argument, that achievement indicates unfairness argument, and dumb-ing down to average argument.

Ah the evil of it all.