Crazy politics

Income inequality is a disparity of wealth between the rich and the poor. Income inequality can be a good thing, as it incentivizes laborious work and compels people to achieve success. However, if income inequality becomes too unequal, it creates a negative influence on societal health- as myriad studies show that higher income disparities creates an environment in which plutocratic control of the market becomes common, and government favoritism towards currently bloated monopolies becomes the norm. Democracy is destroyed and Plutocracy becomes the new political system. Many of these monopolistic corporations rely on machiavellian lobbyists and patent trolls to curtail competition from underdog businesses. Because of this monopolistic environment, newbie inventors are deprived of any recognition for their creativity as corporations can utilize organized racketeers to intimidate potential inventors who will contribute much progress to society. Just watch this clip from the ...

Donald Trump is notorious for his anti-free trade stance and his opposition to free trade agreements between other countries. Even though I find major fault with the TPP, since it's essentially crony corporatism in a faux trade agreement, Trump's contempt for free trade is vacuously based on silly assumptions. Most of the last 300 years of exponential economic progress which the world has overwhelmingly experienced was based on our growing acceptance of free trade as mercantilism became unpopular when most intellectuals realized the problems associated with protectionism. When Adam Smith promoted a spontaneous order through open markets with his publication, Wealth of the Nations, it paved and established the impetus necessary for industrial expansion and the myriad progress humanity has witnessed. Thanks to open trade, the world revolutionized new ways of bettering the planet. The Commercial Revolution in the late 1600s was just one example of how free trade benefits...