Quote from trendlover:
Yannis, I understand most of your posts but not this one.
I think all people would take a bigger peice if they had a choice. They woold choose 1/3 of the 30 inches pie. Maybe I lost something in the translation?
This may have been a little too cute - it was late in the trading day. What I meant was that some people would look at the "fairness" of the deal first and the absolute size of their piece second. So, in today's politics, especially when liberals talk, you hear a lot about "what's fair" and "pay your fair share" and a lot less wrt what can make the whole pie bigger for everybody.
Many tax systems of antiquity (eg, Roman Empire, Ottoman Empire, etc) were trying to be "fair" by compelling each free person to pay 1 coin per year (and, in addition, they also taxed trade separately, but that's a different story.) Here, we are gradually advancing to a system where a very small portion of the population, 4%-5%, pay practically all the taxes. That strips the broad public from any sense of responsible ownership and they ALWAYS want higher taxes for the "rich" (aka successful suckers) and more freebies for themselves, and also demonizes those whose ingenuity and hard work support the whole system. That's where Europe is. Terrible situation, imo.
Hey, when I was 8 years old and my mother brought french fries to the table, fairness (getting the same amount of good food that my brothers and sister did) was all that mattered, because I subconsciously trusted that there was enough for everybody. I think I've grown past that by now and I hope others do too. The economy, as we know, is something where size DOES matter!
