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December 13, 2007
Thursday
 
 
Michael Young was right... about one thing
Guy Herbert (London)  Sui Generis

Just a thought for the day:

A world in which all personal success depended on virtue would be insufferable.

Comments

It would; FA Hayek made this point. In any event, how would prove that one's success stemmed from virtue, from making the "full use" of one's talents? The idea of only the virtuous being allowed to be successful is that it begs the question as to who gets to sit in judgement on all this.

Actually, accepting that some people are rich/handsome etc through the luck of chance events, through the genetic lottery of life, is healthy. People need to be philosophical about this. Of course, it may be a useful "lie" to encourage the idea that hard graft and merit lead to success; there is even some empirical evidence that cultures where this sort of belief operates are generally, richer and more happy places than those where people are resigned to their fates. Even so, a world based strictly on merit where no "luck" was allowed to drive one's economic or social standing would be insufferable.


Posted by Johnathan Pearce at December 13, 2007 10:43 AM

I'll toast to that brother!


Posted by stephan at December 13, 2007 11:08 AM

What if all personal success depended on vice? Wouldn't it be just as bad?


Posted by mandrill at December 13, 2007 11:38 AM
What if all personal success depended on vice?

Ah, if only!


Posted by Scott Wickstein at December 13, 2007 12:00 PM
A world in which all personal succes depended on virtue would be insufferable.

Never fear, the gluttons are going to inherit this world. With some assistance by the greedy, the lechers, the wrathful, the envious and the prideful. And if you can persuade them to get their behinds in gear, even the slothful might lend a hand.


Posted by Ralf Goergens at December 13, 2007 01:19 PM

Who the hell is Michael Young?


Posted by Alison Kosciusko at December 13, 2007 01:38 PM

Late British sociologist, co-author of The Rise of the Meritocracy.


Posted by guy herbert at December 13, 2007 01:50 PM

Also father of Toby Young, the journalist.


Posted by Johnathan Pearce at December 13, 2007 02:12 PM

Who said, "There is no such thing as luck"?
Obi-wan Kenobi, wise Merlin-substitute for the modern age.
As an esoteric Christian, I do believe that it is possible to accumulate good Karma, and so should all Libertarians. If you talk about life being unfair, you're opening the door to the State and the meddlers. If, for example, you say 'It's unfair that Paris Hilton was born rich!', then you're justifying Estate Taxes and Death Taxes. If you keep promoting the idea that people can work for their own success, you'll undercut the idea that the Government Should interfere.
Stick to your Philosophical guns, fellow Libertarians!
Remember 'LIB equals RTY!' (Lessening Intrusive Bureaucracy equals Rightly Treating Yourselves!"= LIB=RTY!


Posted by nick g. at December 14, 2007 02:21 AM

Ralf wins. I'd offer to help him get those people he mentioned organized, but I'm late for my nap.


Posted by veryretired at December 14, 2007 03:52 AM

A world in which all personal success depended on vice would be far worse...


Posted by DavidBruno at December 14, 2007 09:17 AM

Define vice.


Posted by Alisa at December 14, 2007 11:36 AM

Vice is the opposite of virtue...


Posted by DavidBruno at December 14, 2007 09:02 PM

An example would be more useful:-)


Posted by Alisa at December 15, 2007 12:33 AM

F.A. Hayek was fond of pointing out the importance of luck and chance. And attacking the notion that income or wealth should be "justified" by talk of what someone "deserves".

The lazy and stupid can end up rich, and the intelligent and hard working can end up starving in the street.

It is also true that moral conduct is not about reward - in this world or the next.

A person should act honourably even if he believes it will not help him (even in the long rund by creating a good reputation) and he does not believe that there is any life after this one.

The virtures (honesty, hard work, temperance, charity....) should be followed because they are virtues, becaue that is the sort of person we should be.

However, I would like to think that people who were thoughtful, hardworking and honouable in their dealings tended to prosper more than people who are not.

Although there are a lot of "perverse incentives" in modern society.

Wild taxation, endless regulations, a warped legal system and credit bubble finance tend to favour a very different sort of businessman.


Posted by Paul Marks at December 17, 2007 01:51 AM
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