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16. Poverty Out of Tyranny, Not “Capitalist” Inequality, Is the Real Problem
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Deirdre Nansen McCloskey
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Chapters in this book
- Frontmatter i
- Contents v
- Preface ix
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Part one: You Should Become a Humane True Liberal
- 1. Modern Liberals Recommend Both Golden Rules, That Is, Adam Smith’s Equality of Opportunity 3
- 2. Liberalism Had a Hard Coming 8
- 3. Modern Liberals Are Not Conservatives, Nor Statists 13
- 4. Liberals Are Democrats, and Markets Are Democratic 20
- 5. Liberals Detest Coercion 25
- 6. Liberalism Had Good Outcomes, 1776 to the Present 29
- 7. Yet After 1848 Liberalism Was Weakened 34
- 8. The “New Liberalism” Was Illiberal 41
- 9. The Result of the New Illiberalism Was Very Big Governments 47
- 10. Honest and Competent Governments Are Rare 52
- 11. Deirdre Became a Modern Liberal Slowly, Slowly 60
- 12. The Arguments Against Becoming a Liberal Are Weak 64
- 13. We Can and Should Liberalize 70
- 14. For Example, Stop “Protection” 77
- 15. And Stop Digging in Statism 83
- 16. Poverty Out of Tyranny, Not “Capitalist” Inequality, Is the Real Problem 87
- 17. Humane Liberalism Is Ethical 93
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Part two: Humane Liberalism Enriches People
- 18. Liberty and Dignity Explain the Modern World 103
- 19. China Shows What Economic Liberalism Can Do 107
- 20. Commercially Tested Betterment Saves the Poor 113
- 21. Producing and Consuming a Lot Is Not by Itself Unethical 119
- 22. Trickle Up or Trickle Down Is Not How the Economy Works 124
- 23. The Liberal Idea, in Short, Made the Modern World 130
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Part three: The New Worry About Inequality Is Mistaken
- 24. Forced Equality of Outcome Is Unjust and Inhumane 143
- 25. Piketty Is Mistaken 151
- 26. Europe Should Resist Egalitarian Policies 156
- 27. Piketty Deserves Some Praise 165
- 28. But Pessimism About Market Societies Is Not Scientifically Justified 169
- 29. The Rich Do Not in a Liberal Society Get Rich at the Expense of the Rest 177
- 30. Piketty’s Book Has Serious Technical Errors 185
- 31. The Ethical Accounting of Inequality Is Mistaken 192
- 32. Inequality Is Not Unethical If It Happens in a Free Society 197
- 33. Redistribution Doesn’t Work 204
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Part four: And the Other Illiberal Ideas Are Mistaken, Too
- 34. The Clerisy Had Three Big Ideas, 1755–1848, One Good and Two Terrible 213
- 35. The Economic Sky Is Not Falling 216
- 36. The West Is Not Declining 220
- 37. Failure Rhetoric Is Dangerous 224
- 38. The Word “Capitalism” Is a Scientific Mistake 231
- 39. Marxism Is Not the Way Forward 236
- 40. Some on the Left Listen 243
- 41. But They Have Not Noticed the Actual Results of Liberalism 251
- 42. And Are Unwilling to Imagine Liberal Alternatives 257
- 43. A Post-Modern Liberal Feminism Is Possible and Desirable 264
- 44. Imperialism Was Not How the West Was Enriched 272
- 45. Liberalism Is Good for Queers 277
- 46. The Minimum Wage Was Designed to Damage Poor People and Women 282
- 47. Technological Unemployment Is Not Scary 287
- 48. Youth Unemployment Is Scary, and Comes from Regulation 296
- 49. Do Worry About the Environment, but Prudently 302
- 50. Illiberalism, in Short, Is Fact Free, and Mostly Unethical 307
- Notes 313
- Bibliography 331
- Acknowledgments 371
- Index 373
Chapters in this book
- Frontmatter i
- Contents v
- Preface ix
-
Part one: You Should Become a Humane True Liberal
- 1. Modern Liberals Recommend Both Golden Rules, That Is, Adam Smith’s Equality of Opportunity 3
- 2. Liberalism Had a Hard Coming 8
- 3. Modern Liberals Are Not Conservatives, Nor Statists 13
- 4. Liberals Are Democrats, and Markets Are Democratic 20
- 5. Liberals Detest Coercion 25
- 6. Liberalism Had Good Outcomes, 1776 to the Present 29
- 7. Yet After 1848 Liberalism Was Weakened 34
- 8. The “New Liberalism” Was Illiberal 41
- 9. The Result of the New Illiberalism Was Very Big Governments 47
- 10. Honest and Competent Governments Are Rare 52
- 11. Deirdre Became a Modern Liberal Slowly, Slowly 60
- 12. The Arguments Against Becoming a Liberal Are Weak 64
- 13. We Can and Should Liberalize 70
- 14. For Example, Stop “Protection” 77
- 15. And Stop Digging in Statism 83
- 16. Poverty Out of Tyranny, Not “Capitalist” Inequality, Is the Real Problem 87
- 17. Humane Liberalism Is Ethical 93
-
Part two: Humane Liberalism Enriches People
- 18. Liberty and Dignity Explain the Modern World 103
- 19. China Shows What Economic Liberalism Can Do 107
- 20. Commercially Tested Betterment Saves the Poor 113
- 21. Producing and Consuming a Lot Is Not by Itself Unethical 119
- 22. Trickle Up or Trickle Down Is Not How the Economy Works 124
- 23. The Liberal Idea, in Short, Made the Modern World 130
-
Part three: The New Worry About Inequality Is Mistaken
- 24. Forced Equality of Outcome Is Unjust and Inhumane 143
- 25. Piketty Is Mistaken 151
- 26. Europe Should Resist Egalitarian Policies 156
- 27. Piketty Deserves Some Praise 165
- 28. But Pessimism About Market Societies Is Not Scientifically Justified 169
- 29. The Rich Do Not in a Liberal Society Get Rich at the Expense of the Rest 177
- 30. Piketty’s Book Has Serious Technical Errors 185
- 31. The Ethical Accounting of Inequality Is Mistaken 192
- 32. Inequality Is Not Unethical If It Happens in a Free Society 197
- 33. Redistribution Doesn’t Work 204
-
Part four: And the Other Illiberal Ideas Are Mistaken, Too
- 34. The Clerisy Had Three Big Ideas, 1755–1848, One Good and Two Terrible 213
- 35. The Economic Sky Is Not Falling 216
- 36. The West Is Not Declining 220
- 37. Failure Rhetoric Is Dangerous 224
- 38. The Word “Capitalism” Is a Scientific Mistake 231
- 39. Marxism Is Not the Way Forward 236
- 40. Some on the Left Listen 243
- 41. But They Have Not Noticed the Actual Results of Liberalism 251
- 42. And Are Unwilling to Imagine Liberal Alternatives 257
- 43. A Post-Modern Liberal Feminism Is Possible and Desirable 264
- 44. Imperialism Was Not How the West Was Enriched 272
- 45. Liberalism Is Good for Queers 277
- 46. The Minimum Wage Was Designed to Damage Poor People and Women 282
- 47. Technological Unemployment Is Not Scary 287
- 48. Youth Unemployment Is Scary, and Comes from Regulation 296
- 49. Do Worry About the Environment, but Prudently 302
- 50. Illiberalism, in Short, Is Fact Free, and Mostly Unethical 307
- Notes 313
- Bibliography 331
- Acknowledgments 371
- Index 373