Monthly Proposal No.4: transparency about income, wealth and its source

In comparison to other countries Austria seems to be very egalitarian. Nevertheless it is hard to find young pupils and students, who would define our income and wealth distribution as fair. It is not even close to fair.

However, I’m tired of talking about redistribution. I also put little hope in discussions between well-paid union officials, prosperous politicians and the lap-dogs of even richer ones. Instead I propose to stop protectionism and let everyone talk, discuss, claim and justify for its own. Let’s play market economy according to the underlying and arguing assumption: complete and symmetric information.

Provide transparency about income, wealth and its source. If all your money is earned fairly and squarely and all your property is built up on proportional individual effort, you do not have to fear the envy of other people. So do not shy away from your beloved competition, but proof your incredible talents which make you five, ten or even hundred times more productive than other ones. Do not hide behind some grey eminences, but explain your important role in our society and why you have deserved to enjoy the fruits sown by others. Be a grown up, stand up for your beliefs and argue them by your own facts and figures.

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