O is for = Opportunity

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“Equality of opportunity is not enough. Unless we create an environment where everyone is guaranteed some minimum capabilities through some guarantee of minimum income, education, and healthcare, we cannot say that we have fair competition. When some people have to run a 100 metre race with sandbags on their legs, the fact that no one is allowed to have a head start does not make the race fair. Equality of opportunity is absolutely necessary but not sufficient in building a genuinely fair and efficient society.”
Ha-Joon Chang, 23 Things They Don’t Tell You About Capitalism
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3 thoughts on “O is for = Opportunity

  1. Very thought provoking post. This is a very relevant topic in the US right now with talk of raising minimum wage, but many conservatives rail against it. I actually had to stop talking about this issue politically because people just wanted to argue. The people who felt there should be not improvements in income equality or education usually came from backgrounds where they did not need to struggle at all. They did not understand.

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