Equalization

Definition and stakes

Portrait of Henry George Henry George,  Progress and Poverty, Volumes I and II

“ The fundamental principle of human action—the law that is to political economy what the law of gravitation is to physics—is that men seek to gratify their desires with the least exertion. Evidently, this principle must bring to an equality, through the competition it induces, the reward gained by equal exertions under similar circumstances. When men work for themselves, this equalization will be largely affected by the equation of prices; and between those who work for themselves and those who work for others, the same tendency to equalization will operate. ”
Source: Gutenberg

Portrait of Bertrand Russell Bertrand Russell,  The Practice and Theory of Bolshevism

“ For these reasons, equalization of wealth without equalization of power seems to me a rather small and unstable achievement. But equalization of power is not a thing that can be achieved in a day. It requires a considerable level of moral, intellectual, and technical education. It requires a long period without extreme crises, in order that habits of tolerance and good nature may become common. It requires vigour on the part of those who are acquiring power, without a too desperate resistance on the part of those whose share is diminishing. ”
Source: Gutenberg

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