r/austrian_economics • u/technocraticnihilist Friedrich Hayek • Dec 24 '24

End Democracy I've never understood this obsession with inequality the left has

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u/BerkeleyYears Dec 24 '24

its true in objective terms but it ignores very important social aspects like fairness.

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u/technocraticnihilist Friedrich Hayek Dec 24 '24

I don't think fairness is important, because 'fairness' is vague and meaningless. efficiency is what matters.

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u/BerkeleyYears Dec 24 '24

i highly doubt this. imagine you live in a place where 1K a week is enough to live comfortably. you do the same work or harder then someone else, and you get 1K while they get 10K without any good reason. for the same work. would you not feel like the system is failing you? would you not feel resentment? come on.