No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Make-Believe Equality Is Unattainable, Costly, and Harmful

by TheAdviserMagazine
6 months ago
in Economy
Reading Time: 4 mins read
A A
Make-Believe Equality Is Unattainable, Costly, and Harmful
Share on FacebookShare on TwitterShare on LInkedIn


In his book, Intellectuals and Race, the great economist Thomas Sowell excoriates intellectuals for their role in promoting statist social engineering schemes. Sowell defined “intellectuals” as “a particular occupation—namely, people whose work begins and ends with ideas. It is an occupational designation, rather than an honorific title, and implies nothing about the mental level of those in that occupation.” They may or may not be smart, but their occupation involves peddling ideas to justify state interventions. Murray Rothbard describes these meddling intellectuals as “court intellectuals.” As David Gordon observes, “It’s well known that Murray Rothbard thinks that intellectuals play a crucial role in getting the public to accept the state.”

Peddlers of statist ideas are able to influence public debate to a great extent through the media and education system. Sowell notes that “the tendencies, preconceptions and conclusions of the intelligentsia spread through the media and educational institutions from the schools to the universities.” He credits these intellectuals with spreading the nostrums of what he calls “make-believe equality”:

Many people who advocate what they think of as equality promote what is in fact make-believe “equality.” In economic terms, taking what others have produced and giving it to those who have not produced as much (or at all, in some cases) is make-believe equality.

Make-believe equality is sometimes referred to as “equity” or “substantive equality.” Its supporters believe that equality is not “real” unless people are made equal through various state interventions. It is ironic that the make-believe equality produced by artificially equalizing selected group outcomes is described by its supporters as “real equality”—the only type of equality which they consider “real” is that artificially constructed by the state. In his book, The Quest for Cosmic Justice, Sowell argues that this make-believe equality aspires to a vision of universal and timeless justice which is unattainable, costly, and ultimately harmful.

One harmful effect of make-believe equality Sowell identifies is that it provokes hostility and resentment among different groups. Envy becomes the overarching social and political ideology. As he explains, “Ideological crusades in the name of equality promote envy, the principal victims of which are those doing the envying.” In his view, the phrase “social justice” is merely the “more high-toned alias” of envy, and functions as a mask for constantly making unwholesome comparisons between different groups.

These comparisons drive the endless attempts by “disadvantaged” groups to gain at the expense of “advantaged” groups. Everything devolves into a comparison between their respective outcomes. Crime reports frequently spark comparisons between black and white offenders, even when the cases have nothing in common—that does not seem to matter to those who see life as nothing but a constant “competition” between racial groups. An example is seen in the debates over sentencing guidelines in the United Kingdom, which were criticized for advising courts to take into account the race of the offender during sentencing, in order to close the “gap” between black and white offenders.

The council’s guidance advised courts that they should “normally consider” ordering a pre-sentence report on an offender if they were “an ethnic minority, cultural minority, and/or faith minority community,” transgender, young or female.

The guidelines were withdrawn at the last minute, after public outcry against the “flawed analysis” on which they were based. That analysis focused on sentencing outcomes based on race, noting “a ‘slightly widening gap’ in the proportion of black and white people” receiving jail time. They studied sentencing outcomes without considering the type of offense in question. Given that serious crimes are more likely to end in jail time than minor offenses, the choice to consider only racial outcomes was clearly misguided. As Sowell puts it, racial disparities do not prove discrimination.

Sowell also warns of the destabilizing effects on society when one person’s success is viewed by another as nothing but a source of grievance, resulting in a constant struggle to seize from one to give to the other. In Intellectuals and Race he explains:

No individual or group can be blamed for being born into circumstances (including cultures) that lack the advantages that other people’s circumstances have. But neither can “society” be automatically assumed to be either the cause or the cure for such disparities. Still less can a particular institution whose employment, pricing or lending decisions convey intergroup differences be automatically presumed to be causing those differences.

Make-believe equality schemes also create resentment due to the perceived unfairness of treating “privileged” groups less favorably than “vulnerable” groups in order to equalize them. In his book, Liberalism: the Classical Tradition, Ludwig von Mises warns that, inevitably, new groups will form to secure the “favors” being dished out to other groups. For example, the conferment of special rights for women only leads to other groups demanding special rights for their “gender.” Similarly, conferral of special protection for one religion leads to other religions arguing that they, too, require special protection. Mises warns that, “Whoever denies rights to a part of the population must always be prepared for a united attack by the disenfranchised on the privileged.”

Special favors and social engineering ultimately extinguish liberty because creating make-believe equality always requires coercion. Like Mises, Rothbard is also concerned with the implications for liberty when the state attempts to equalize human outcomes. Rothbard treats the “variety, diversity, differentiation” of human beings as a beautiful and valuable aspect of human nature, rather than as something to be “corrected.” He highlights the importance of “the ineluctable facts of human biology; in particular, the fact that each individual is a unique person, in many ways different from all others.” This explains why Rothbard rejected make-believe equality as a revolt against nature.



Source link

Tags: CostlyEqualityHarmfulMakeBelieveunattainable
ShareTweetShare
Previous Post

50+ Simple Ways to Practice Hospitality On A Budget

Next Post

Spoiled by success – Econlib

Related Posts

edit post
How Tariffs Hurt the Ones You Love

How Tariffs Hurt the Ones You Love

by TheAdviserMagazine
October 29, 2025
0

Yves here. Props to the VoxEU authors for a clever headline as well as an informative post. First, they’ve done...

edit post
Bill Gates: Climate Change Crisis Averted

Bill Gates: Climate Change Crisis Averted

by TheAdviserMagazine
October 29, 2025
0

Bill Gates is calling for a “strategic pivot” on climate change in a 17-page manifesto in which he declares that...

edit post
Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’

Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’

by TheAdviserMagazine
October 28, 2025
0

TOKYO, JAPAN - OCTOBER 27: U.S. President Donald Trump disembarks Air Force One as he arrives at Haneda Airport on...

edit post
‘The Stuff of Nightmares’: Hurricane Melissa Makes Catastrophic Landfall in Jamaica

‘The Stuff of Nightmares’: Hurricane Melissa Makes Catastrophic Landfall in Jamaica

by TheAdviserMagazine
October 28, 2025
0

Conor here: Just to add a few more observations to the ones below: A wind gust of 252 mph was...

edit post
Ludwig von Mises Did not Promote Hitler’s Racial Ideas

Ludwig von Mises Did not Promote Hitler’s Racial Ideas

by TheAdviserMagazine
October 28, 2025
0

In highlighting what they see as the excesses of capitalism, the strategy of many progressives is to slander capitalists as...

edit post
Why Republics Will Collapse | Armstrong Economics

Why Republics Will Collapse | Armstrong Economics

by TheAdviserMagazine
October 28, 2025
0

QUESTION: Mr. Armstrong, you have said many times that we are in a phase in which this time it will...

Next Post
edit post
Spoiled by success – Econlib

Spoiled by success - Econlib

edit post
Choose Wisely To Maximize Value

Choose Wisely To Maximize Value

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Applying for SSDI for Severe Kyphosis | Boston Disability Lawyer

Applying for SSDI for Severe Kyphosis | Boston Disability Lawyer

0
edit post
5 Ways to Take Early Retirement Withdrawals Without Paying a Penalty

5 Ways to Take Early Retirement Withdrawals Without Paying a Penalty

0
edit post
How Bupa’s CEO Iñaki Ereño woke a sleeping giant—and set a 100,000 strong workforce running toward digital health 

How Bupa’s CEO Iñaki Ereño woke a sleeping giant—and set a 100,000 strong workforce running toward digital health 

0
edit post
How Tariffs Hurt the Ones You Love

How Tariffs Hurt the Ones You Love

0
edit post
Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime

Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime

0
edit post
20 Companies Where Remote Work Is a Priority

20 Companies Where Remote Work Is a Priority

0
edit post
How Bupa’s CEO Iñaki Ereño woke a sleeping giant—and set a 100,000 strong workforce running toward digital health 

How Bupa’s CEO Iñaki Ereño woke a sleeping giant—and set a 100,000 strong workforce running toward digital health 

October 29, 2025
edit post
How Tariffs Hurt the Ones You Love

How Tariffs Hurt the Ones You Love

October 29, 2025
edit post
Trump Media And Crypto.Com Unveil Predictions Market Partnership

Trump Media And Crypto.Com Unveil Predictions Market Partnership

October 29, 2025
edit post
Metal sector remains a trading play, not a structural Bet: Dhananjay Sinha

Metal sector remains a trading play, not a structural Bet: Dhananjay Sinha

October 29, 2025
edit post
Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime

Bitcoin treasury company Sequans moves 970 BTC to Coinbase Prime

October 29, 2025
edit post
Bill Gates: Climate Change Crisis Averted

Bill Gates: Climate Change Crisis Averted

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • How Bupa’s CEO Iñaki Ereño woke a sleeping giant—and set a 100,000 strong workforce running toward digital health 
  • How Tariffs Hurt the Ones You Love
  • Trump Media And Crypto.Com Unveil Predictions Market Partnership
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.