Difference between revisions of "Private Charity"
From Critiques Of Libertarianism
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[[Category:Poverty|100]] | [[Category:Poverty|100]] | ||
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{{DES | des = Private charity is the libertarian's magical alternative to government redistribution. All of history shows that private charity has never and never will be up to the task of alleviating problems of [[poverty]] and other injustice or health care. To a libertarian, private charity is the only charity because "[[Taxation_Is_Theft|taxation is theft]]". Private charity has always been manipulative in addition. Private charity by the rich is possible because the rich have excessively taken their share from workers and customers. Better the workers and customers are able to spend that money themselves to support the needy, or contribute taxes towards it.| show=}} | {{DES | des = Private charity is the libertarian's magical alternative to government redistribution. All of history shows that private charity has never and never will be up to the task of alleviating problems of [[poverty]] and other injustice or health care. To a libertarian, private charity is the only charity because "[[Taxation_Is_Theft|taxation is theft]]". Private charity has always been manipulative in addition. Private charity by the rich is possible because the rich have excessively taken their share from workers and customers. Better the workers and customers are able to spend that money themselves to support the needy, or contribute taxes towards it.| show=}} | ||
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| + | Neo-classical economics even rejects private charity as a viable alternative, since it's subject to the free-rider problem. | ||
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| + | The idea that an individual knows better what to do with his own money does NOT work for transfer payments, because rich individuals do not know as well what poor individuals may want or need. Indeed, the idea of diminishing marginal returns to an individual from spending money by that individual would argue that a poor person will spend the transferred money better than a rich person. | ||
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| + | See also: [[The Beneficence Of Plutocrats]] | ||
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{{List|Private Charity|links=true}} | {{List|Private Charity|links=true}} | ||
{{Quotations|Private Charity|quotes=true}} | {{Quotations|Private Charity|quotes=true}} | ||
