The Reformed Advisor

Tag: welfare

Wealth Principles: The Principle of Human Productivity

Posted on March 8, 2018 in Money, Public Policy by

This is what socialism is missing. Socialism says that everyone will be happy if we just divide everything evenly. Socialism ignores the principle of human productivity by making it possible for people that do very little to have the same means as those producing greater amounts. Socialism effectively removes the incentive to human productivity.

Many welfare systems that have no work requirement also violate the principle of human productivity. If I don’t have to work and the government will still provide free housing, health care, cell phones, and food, what is my incentive to work? Poverty is perpetuated by the idea that people shouldn’t have to be productive in order to receive goods and services.

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