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I have no problem with the kind of inequality that comes about because some people are more skilled than others. That's the incentive to acquire skills, and tha
by aninhumer 11y ago
I have no problem with the kind of inequality that comes about because some people are more skilled than others. That's the incentive to acquire skills, and that's fine.
My problem is with the kind of compounding inequality that arises when you start allowing people to accumulate capital, because those who already own capital are more able to earn money than those without.
In order to avoid this, without abandoning the benefits of capitalism entirely, we introduce a slow constant rate of wealth redistribution. This gives those without capital a chance to acquire some, and potentially do an even better job with it.
>In America there is equality of opportunity
Do you really believe this? Do you really believe the child of a poor family is equally able to learn the skills to succeed as a child raised in a rich one?
>but you want to give equality of outcomes
No, I just think extreme and consistent disparity of outcomes is evidence of a systematic problem.