Comments Elsewhere

http://ift.tt/1mYhIPN “Insofar as the targets of their ire . . . only question the worth of wealthy females in that way, they have a valid, important point. My point in writing this post is different, however. My response to their outrage is that libertarians and anarchists severely doubt the deservedness of every billionaire’s fortune and, in fact, the fortunes of many millionaires in business, industry, and politics. Our doubt as to the legitimacy of the fortunes of many large business owners, CEOs, and the like is practically a given. The illegitimacy of their fortunes is so understood that we hardly mention it explicitly. Instead, we tend to focus on the success of large corporations and other businesses when their success is owed in part to State interference in the economy. We assume as a matter of course that large businesses (and therefore their owners and executives) amassed such power and wealth through at least partially nefarious means, either by design (through lobbying and rent-seeking) or more indirectly (such as by incidentally benefiting from a regulation or barrier to entry, or by consciously taking advantage of regulations already on the books).” – John @ Blagnet.net