January 26th, 2011at 07:51am Posted by Eli
Thomas Sowell tries to convince us that we should be grateful to the rich, because apparently everyone who has millions or billions of dollars accumulated them through some sort of innovation that made our lives better:
At one time, people like Rockefeller, Thomas Edison, Ford and the Wright brothers were regarded as heroes for having opened vast new possibilities for other human beings. The fact that they got rich doing it was an incidental part of the story.
We still have people revolutionizing our lives. Just think of the computer and the pharmaceutical drugs that have not only lengthened our lives, but made them more healthful, so that being 80 years old today is like being 60 years old in times past.
But today we seldom even know the names of those who have made these monumental contributions to human well-being. All we know is that some people have gotten “rich,” and that this is to be regarded as some sort of grievance.
Many of the people we honor today are people who are skilled in the rhetoric of grievances and promises of new “rights” at someone else’s expense. But is that what is going to make a better America?
So let’s all say thank you to the inventor of the residential mortgage-backed security – we wouldn’t be where we are today without you!