Just a little lesson, and something that actually reflects the real world. The NationState simulator does an excellent job highlighting why Economic Freedom is preferable to Economic Equality. 

Think of a country's economy like a round pie. If everyone has an equal slice of pie, everything's good, right?

Not so fast. Countries that embrace more capitalism and free markets actually tend to have bigger pies than their more socialist counterparts. Its true, sometimes countries are larger or have more resources than others, but this doesn't necessarily hold a lot of water. 

The Soviet Union had a larger land mass than the United States, and arguably more natural resources per person. Yet due to the lack of Economic Freedom, the pie they were able to back in the Soviet Economy was tiny compared to the Huge Pie of the Americans. 

For instance, lets compare countries. 

Country A- Pie is $300 billion

Country B- Pie is $800 billion.

Do we want equal pieces of the pie of country A, or unequal slices of country B? In the NationStates simulator, Country B has double the Average Income of its citizens, meaning the "middle class" of Country B is earning more than the "rich" of Country A. In fact, in this scenario of unnamed countries, the poorest 10%  in Country B are actually earning more money as the "economic pie" gets larger. We need the freedom to make the pie bigger, not a stagnant egalitarian economy.

So do we want equal pieces of a small pie, or unequal slices of a big pie?

I'll end with a quote from Economist Milton Friedman: "A country that aims at equality first instead of freedom will usually end up with neither, but a country that aims at freedom before equality will end up with a high degree of both.