It is not uncommon to hear people complain about the “unfairness of life” which makes them poor and some other people rich.
They keep wondering why the rich keeps getting richer. The purpose of this article is to address these concerns.
There is something you need to know!
Fairness and Freedom are two contrasting, inversely proportional terms.
The more freedom there is, the less fair things are going to be and vice versa.
When there is freedom to strive and succeed, people will work harder, be smarter, more driven for success, more desirous of the good life than others and succeed more than others – making things “unfair”.
On the other hand, if you seek to make things fair by giving everyone equal opportunities, equal abilities and robbing the rich the pay the poor, you will realize that the freedom to aspire and succeed will be restricted.
Instead of getting to work, people will get lazy and wait for Government handouts and welfare.
This is exactly what happens in a Socialist economy.
Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production as well as the political theories and movements associated with them.
Socialism seeks to create a “fair system” whereby there is an equal distribution of wealth and the means of production is centrally controlled by the state.
It’s seeks to achieve income equality by robbing the rich to pay the poor so to put
Some critics of socialism believe that in any society where everyone holds equal wealth there can be no material incentive to work because one does not receive rewards for a work well done. And because competition is stifled, technological progress, wealth creation, and entrepreneurial growth is impeded.
While socialism seeks to enthrone fairness, it tramples on freedom.
Fortunately, we live in a predominantly Capitalist economy which is about giving everyone the freedom to dream, aspire and compete favorably in a free market.
Capitalism is an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.
This allows for enterprise and the freedom for individuals and companies to prosper, profit and create Wealth by being involved in Production.
As such, it is a given that some people will be wealthier than others. Some that don’t have the will power or the opportunity to be entrepreneurial will find themselves in abject poverty.
When this happens, it seems things are not fair. You hear people complaining of “the rich becoming richer and the poor becoming poorer”.
You see people exhibit feelings of resentment and hatred against the rich and crying how life is “unfair”. They seek to advocate for the Government make policies that will put the poor at par with the rich.
Those are socialist tendencies and you should be wary of falling into that line of thinking.
Instead of trying to make your life perfect, give yourself the freedom to make it an adventure, and go ever upward. – Drew Houston
While Capitalism has it’s own challenges, they are minute compared to the feeling of “Freedom” it guarantees.
Instead of complaining, you should rather focus on increasing your financial literacy and getting to learn the secrets of rich.
In conclusion, you should understand that the more you try to make things fair, the less free you become.
If you really want to create wealth that will transcend generations, quit whining about fairness and take advantage of the freedom you have before you to make life fair to you too.
You’re the one in charge. Take the wheels!