Sandwichman — Artificial Scarcity and the Lopsided Economist

I'd like to propose substituting for the word "inequality," the word "lopsided." Inequality is their word and it carries with it a customary whiff of distinction, justified by merit. The connotation is undeserved but has been instituted through sheer repetition and amplification. Wealth and income are not merely unequal, they are literally lopsided: one side has been lopped off.

One side of economic analysis has been lopped off, too. It is the side that deals with the inherent imbalance, the lopsidedness. A lopsided economics makes a lopsided economy even more so.

But let me be more specific. ...

EconoSpeak
Artificial Scarcity and the Lopsided Economist
Sandwichman

Social equality = equality of persons as human beings while acknowledging the diversity of individuals

Political equality = equality before the law, equal rights and responsibilities, absence of privilege
Economic equality = equal opportunity

Differences in the relative amounts of wealth and income are not a fundamental aspect of economic equality in the view of liberalism. Where social, political or economic inequality may arise is owing to the result of economic disparity. The issue of economic disparity is systemic rather than specifically economic even though it pertains to how the stock of wealth and flow of income are distributed. Economic disparity has systemic causes and the solutions must also be systemic.