
Yes you heard it right. Inequality should not be an issue. The real issue here is whether the poor is being able to meet their needs. In other words, the issue is about how to get the poor out of poverty and raise their standards of living. I think the issue of inequality has been borne out of the real issue of poverty and the reason why inequality has been made an issue is simply because it has been noticed that while the rich are getting richer, the poor are getting poorer.
The growth of any entity, whether it's a small business or a large corporation, or the entire economy of the state should not be hampered in any way. Growth is inevitable. As human beings, we all have a God-given desire to grow and expand, whether in terms of our skills and abilities or financially (we want to acquire more so we can enjoy the “finer things of life”). Just because there are some who cannot catch up in terms of growth doesn't justify the need for those who are growing to be stopped or hampered in their growth. That's why I don't believe in communism, or the “social revolution” that Che Guevara is advocating. It is the worst form of “Crab Mentality,” where you discourage the capitalists to produce more wealth just because some are financially lagging. At first their cause for egalitarianism sounds noble, but when you really take a closer look at it, you would find out that it is basically “pulling the rich down so that the poor can be pushed up.” Reminds me of a song by Bamboo entitled “Tatsulok.” A line of the song goes “Totoy kumilos ka, baligtarin ang tatsulok.” It seems to me that what the poor (at least some) really want is not equality, but to pull down those at the top so that they will be the ones at the top.
Lest you say that I am promoting capitalism at all cost, I also believe that the quest of the rich for financial growth should not be at the expense of the poor people. They should not shove the poor people down just for them to go higher and higher. While they are not being hampered in their financial growth by the existence of more liberal markets nowadays, it also entails a responsibility on their part not to do things that will hamper the financial growth of the poor.
So the solution to all this boils down to empowering the poor people to get out of their “state of poverty.” Both the rich and the government has a responsibility for this. The rich should help the poor by paying their taxes well, sharing their knowledge about how to be “financially well-off,” and generously give funds in efforts to educate the poor financially. Just before I write this blog post, I heard about famous motivational speaker Bo Sanchez teaching his maids on how to invest in the stock market. His effort to educate his maids about the stock market is worthy to be emulated. The government, on the other hand, should ensure better tax collection from the rich and be able to channel those funds in programs to teach financial literacy to the poor and help them start-up (microfinancing, etc). This would mean an agenda of “good governance” on the part of the government.
Yes, there would always be some people who are better-off than others. But the question now is, how can we make other people who are not better off to be better off as well? Who cares if the rich are getting richer. Also, who cares if the poor are getting better-off and nearing the rich in terms of wealth (in that case, they are not considered poor anymore). We should sought a “win-win” situation where everybody would be happy and live an incredible quality of life.