In my opinion, the most important question to be asked is one of pragmatism versus that of morality. Certain things may work, but are they right? Take the idea of high taxes for example. There is no doubt that the basic idea of higher taxes will lead to more income for the government (but as to how likely the government is to spend that money responsibly is another question entirely), but do people owe more in taxes simply for making more? The idea of one who is rich owing more to society simply for being rich is seen as wrong by some, with the absolutist anarcho-capitalist wing or economic theory going as far to claim that “taxation is theft.” Neo-Marxist, postmodernist, and socialist thinkers believe that it is immoral for people to be that wealthy and not contribute what they are able.
The division in morality is twisted and contorted into meaning almost whatever the speaker intends for it. At this point, it is nearly impossible to argue economically from an objectively moral level with the question hanging over the heads of every philosopher and economist asking: is there even such thing as objective morality?
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