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Economics of Equality

Published on January 23, 1915, in The New Republic by Walter E. Weyl, an early economist of the 99%.

There can be no equality nor any approach to equality except among men economically independent and economically comparable. You may talk of equality and fraternity of equal civil rights of equal political rights of the brotherhood of man and all the rest but unless your man has a secure economic position a chance to earn his living in dignity and honor he has no rights whatsoever. Political equality is a farce and a peril unless there is at least some measure of economic equality.

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