By all accounts, the Pope is a man who cares deeply for the world’s poor. But he is less sound when it comes to matters of history and economics.
Like any vocation, capitalism is a pyramid, with a few successful people at the top. It is like an army or a ship, where there is one commander. It is similar to sports and entertainment. Just as there is only one CEO at a company, there is only one Kobe Bryant and one Taylor Swift. There is only one Pope. By definition, success reflects inequality – in aspiration, talent, effort and luck. Equality of opportunity is a worthy goal. Equality in outcomes is not possible. It cannot be otherwise. Those on the left who scream loudest about inequality are themselves often at the pinnacle of a career – a success they would not have had in a flat society.
“Inequality” is a political “hot-button” word. It plays well in societies addicted to sound-bites and with people who lack perspective. What exactly do the words “inequality” and “redistribution,” and the phrase “fairness economy” really mean? Humpty Dumpty provided an answer when he said to Alice, “When I use a word it means exactly what I choose it to mean – neither more nor less.” Humpty Dumpty was referring to “glory,” but one may substitute any number of words whose definitions, in their ambiguity, are convenient for hedging politicians and moral relativists.