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How can equal opportunity exist when so many have so much wealth? What would be done about the 1%?

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Innhold levert av We Are Libertarians. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av We Are Libertarians eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

How can equal opportunity exist when so many have so much wealth? What would be done about the 1%? Equal opportunity, though a sought-after ideal, remains elusive across various governance systems, including libertarianism. No society, regardless of its level of freedom or control, can claim absolute equality of opportunity in aspects beyond just education. In libertarianism, for instance, it’s unfeasible to mandate equal educational opportunities when affluent families have the means to elevate their children’s learning experiences. However, a distinction exists between open societies like the U.S. and closed ones like North Korea, where wealth and power are rigidly centralized. In more open societies, wealth is relatively fluid, with family fortunes often dispersing within a few generations, fostering opportunities across socioeconomic classes. In contrast, closed societies rigidly centralize and retain wealth within a select elite, stifling opportunity and mobility for the broader population.

Learn Libertarianism - https://libertyexplained.com/

Subscribe to the podcast - https://link.chtbl.com/liberty-explained

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24 episoder

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Manage episode 386904211 series 3304203
Innhold levert av We Are Libertarians. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av We Are Libertarians eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

How can equal opportunity exist when so many have so much wealth? What would be done about the 1%? Equal opportunity, though a sought-after ideal, remains elusive across various governance systems, including libertarianism. No society, regardless of its level of freedom or control, can claim absolute equality of opportunity in aspects beyond just education. In libertarianism, for instance, it’s unfeasible to mandate equal educational opportunities when affluent families have the means to elevate their children’s learning experiences. However, a distinction exists between open societies like the U.S. and closed ones like North Korea, where wealth and power are rigidly centralized. In more open societies, wealth is relatively fluid, with family fortunes often dispersing within a few generations, fostering opportunities across socioeconomic classes. In contrast, closed societies rigidly centralize and retain wealth within a select elite, stifling opportunity and mobility for the broader population.

Learn Libertarianism - https://libertyexplained.com/

Subscribe to the podcast - https://link.chtbl.com/liberty-explained

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

24 episoder

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