The meaning of political equality

Political equality means that the individual rights of all the citizens are equally recognised, and protected by the Government. It is the essential condition for existence of a free society, and the only kind of equality possible between individuals.

Remember that the concept, “rights” only pertain to the Freedom to take actions: the individual’s freedom to live, to think, and consequently take actions to produce and trade values, without compulsion or intrusion from other individuals, including and especially, the Government.

If a group of individuals is accorded any exclusive rights, that are denied to others, its meaning and unavoidable logical consequence is a state-sponsored monopoly on production and trade.

Observe that the violation of your freedom to produce and trade, by others(especially the government), essentially implies and requires the violation of all your rights: It implies the violation of your right to think(since the purpose of thinking is to take action, and your freedom to think is redundant if you are not free to act and produce values in accordance with your judgements), and the violation of your right to live(your life, ie., a life proper to man: a non-parasitic life, requires that you think and act to produce and trade values, in order to sustain your own life). This is the reason why a free mind and a free market necessitate each other.

In this context, economic equality may be understood only in the sense that all men must possess the same political-economic right: the right to free trade. ie., the freedom to produce and trade any values with other individuals, with the voluntary consent of both the parties involved in the trade.

This doesn’t mean that all the individuals should be equally wealthy. It only means that all the individuals must possess the same freedom to think and act, to produce and to trade: the same freedom to live. In a laissez faire capitalist society, —ie., a society where individual rights are absolutely protected, and the government is completely separated from trade: making the state-sponsored monopolies impossible— your wealth is a consequence of your competence in exercising your freedom to produce.

– Avinash Kumar, 7 June 2020.

Note: This article is originally my answer on Quora to the question: “What is the relationship between political equality and economic equality?”

Hatred of Capitalism

If you hate Capitalism, I assume that you do not understand what Capitalism is. Chances are that you are misinformed and no-one else precisely explained it you. So I will.

Capitalism is a Laissez Faire economy, where private individuals consensually trade the value they have for a value they want.

That is all. If your politician, teacher or your parent has fed you anything other than this, they are either ignorant sufferers themselves, or conscious cheats. Beware of them.

Just to make it clear,

Laissez Faire Economy is a system of economic activity that is completely free from any kind of interference by the Government.

Consensually means through your free non-coerced-will.

Value is anything that takes human effort to produce.

Now the things to remember.

If it is not Laissez Faire, it is not Capitalism.

Every kind of economic problem imaginable, which plagues the nation, is a blatantly direct consequence of Governmental interference in the economic activity of the individual. The result of the mixture of capitalism and communism is always communism and it breeds eventual bankruptcy.

Now a communist is someone you must hate. He is the extreme opposite of a capitalist.

A capitalist will always have something that you value, which he deliberately offers to get what he wants from you through trade. A communist will not offer anything that you value to get what he wants from you. Instead, he makes the Government to point a gun at you to extort it.

Observe that a capitalist can only reasonably want to trade with another capitalist. Because a communist cannot understand what a trade is. He can only have needs and demands to offer, not values. At a lower level, he constantly needs producers to suck them dry, and demands more and more welfare schemes from the Government. At the higher level, he plans ways to lobby the Government to pass regulations in his favour, so that he could force his competitors out of business.

If you are a capitalist, chances are you are continually struggling in a communist system, trying to deal with people who do not have anything that you value to offer you, but believe that they own anything you produce. The best course of action for you is to find a capitalist society and move there. Abandon communists. Don’t even try to prove it to them that you are right. Just don’t deal with them. Because a communist is always a parasitic organism. He cannot survive on his own. He always needs a capitalist to suck blood from. Abandon him and he will perish. Do not pity him. He is demanding your voluntary slavery. He is the most despicable creature on this planet.

The article is originally my answer on Quora to the query, “Why do people hate Capitalism?”