Monday, June 28, 2021

Equity

Capitalism creates competition and that leads to winners and losers. Many oppose this and use the concept of fairness to show why striving for equal results is more compassionate. This is called equity. The main area that they want equity is income. Others look to school sports where they don't want to keep score and give every participant a trophy. Production line workers should earn the same pay regardless of their work ethic. This basic principal of unions was temporarily disbanded during WW2 where the concept of piece work was introduced. Working in many war plants people were paid based on how many widgets they produced and production increased dramatically. Striving to be your best will necessarily lead to some kind of differences. This is why the NBA is 75% Black.

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