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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (50403)5/24/2004 4:10:33 PM
From: Tommaso  Read Replies (1) of 74559
 
>>And are you telling me that the US system offers equality of economic opportunity to everyone?<<<

Well, I certainly would not. And there is not equality of anything else that can be inherited: beauty, bodily strength, intelligence, agility, talents of many kinds.

But in the United States there are more chances for starting over, and starting over in more different ways, than have ever existed anywhere. There is a higher likelihood of hard work and good behavior being rewarded.

The U. S. Constitution does not promise success and happiness, but it does assert that "the pursuit of happiness" is a natural right.

I think that there was more economic equality in the United States fifty years ago than there is now, but the chances of putting oneself ahead of other people to accumulate wealth are somewhat better than they were fifty years ago. And the general level of wealth is much higher than it was fifty years ago.

But there will always be injustice, inequality, and corruption.
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