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16. Poverty Out of Tyranny, Not “Capitalist” Inequality, Is the Real Problem

  • Deirdre Nansen McCloskey
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Why Liberalism Works
This chapter is in the book Why Liberalism Works
© Yale University Press, New Haven

© Yale University Press, New Haven

Chapters in this book

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