U.S. Election Will Go the Way of the U.S. Economy, But Why?: Part II of VII

The Ideological Factor

Yet ultimately, rendering the factors above such a problem is an ideological factor that has produced denial with regard to a plethora of historical data and the mechanism that accounts for them when it comes to a particular economic model. For while it is been abundantly proven data-wise that free-market capitalism has produced the greatest economic success for societies time and again, the non-zero-sum logic described in game theory explains why the same result can be expected every time it is tried. The problem many see with this is that this result can only come via competition that produces highly varied outcomes, even though the average individual will clearly experience the greatest possible benefit.

Indeed, while antagonists refer to the outcome disparity produced by free-market capitalism as a gap between rich and poor—implying that the system will increasingly separate participants into these two distinct class-based groups—the most prominent feature of wealth distribution with a free marketplace is a vibrant and massive “middle class” based on the bell-curve dynamics that describe all natural variation patterns. It is according to these same dynamics that both the number of the very rich and the number of the very poor will be remarkably small. In fact, it is the antagonists of free-market capitalism—i.e., redistributionists of all stripes—that keep the very idea of social “class” alive, as class divisions cannot exist within the bell-curve status continuum that an uncorrupted free market produces. Indeed, it is redistribution that specifically creates class divisions—whether the redistribution occurs from bottom to top or top to bottom, with the latter systematically allowing for the former.

Moreover, instead of the increasing outcome gap between the very rich and very poor being a problem, this gap serves as both an indicator of societal economic health and a harbinger for yet greater economic health. For if the rich are getting richer within an uncorrupted free-market economy, this means the economy is growing overall, thereby increasing the wealth access for all societal members. And perhaps most important, a great polarity between the richest and poorest (noting that at the poor end one cannot have less than nothing, while at the rich end the potential is ever-growing) will provide a great motivation to for all to perform at their best. And it is the latter that will inevitably produce the greatest possible productivity, efficiency, innovation, and advancement for a society in both the economic and military realms—i.e., that which is required to facilitate long-term survival for a nation and all those within it.

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