Bill Whittle: What we believe – on wealth creation

Bill Whittle continues his series on what American conservatives believe by taking a look at the creation of wealth and the fundamentally different ways Right and Left think about it:

I have a good friend who’s a dyed-in-the-wool liberal, and I’m convinced his deepest feelings about wealth fit Whittle’s description to a “T.” That, somehow, the accumulation of wealth beyond a certain point must be morally compromised: either it was unearned or in some way stolen from others. It couldn’t be earned legitimately; there must be some taint of immorality about it.

That’s a fundamental difference between him and me, and I’d swear that same opinion about the essential immorality of wealth accumulation lies at the foundation of Leftist politics.

As our President said, “At some point, you’ve earned enough money:”

It reminds me of an old joke about the difference between a conservative and a liberal:

A conservative down on his luck finds himself wandering through a wealthy neighborhood and sees a beautiful house on a hill. He looks up and thinks to himself, “Someday, I’m going to be that guy.”

Later that day, a liberal down on his luck finds himself wandering through the same wealthy neighborhood and sees the same beautiful house on a hill. He looks up and thinks to himself, “Someday, I’m going to get that guy.”

It’s so true.

LINKS: More at Hot Air.

(Crossposted at Sister Toldjah)

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One Response to Bill Whittle: What we believe – on wealth creation

  1. Zachriel says:

    Pretty typical overstatement, to lump all people on the Left with socialism or the Far Left, and all people on the Right with free market business and exclude the Far Right.

    Starting with Obama’s statement, it’s clear from context that he believes people have the right to continue to accumulate wealth. He also believes that government has a role to play, which is quite apparent due to the problems caused by the largely unregulated securities markets bringing the global economy to near collapse. This battleground in the past included child labor, food and drug inspections, worker safety, racial discrimination, etc. These are all government interventions to regulate private commerce.

    But again, the big problem with the argument is to lump all Leftists with the Far Left, while excluding from consideration the Far Right. And that is simply not a valid categorization. Most people on the Left understand the importance of free markets, but believe they should be regulated to prevent abuses, and that there should be some sort of safety net. And some people on the Right only mouth free market principles, but believe in the power of oligarchical monopolies to control both the financial and political process. Ohers believe in authoritarian religious control, or just plain xenophobic demagoguery. That’s the problem with lumping, and a worse problem when done in such an skewed manner.

    Liberals v. Conservatives.

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