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Inequality refers to unequal distribution of wealth so in fairness what could this article have been about, if not some suggested mechanism for distributing wea
by mtpn 9y ago
Inequality refers to unequal distribution of wealth so in fairness what could this article have been about, if not some suggested mechanism for distributing wealth differently?
- weberc2 9y agoThe issue is the specific mechanism for distribution--taking wealth from people. Another mechanism would be taking proceeds from natural resources, or improving education to enable a broader range of people to succeed in the market. My point isn't that these are better options, just that redistribution is not the only kind of distribution. My issue with this article is that it claims a fund mechanism makes the inequality problem simpler, but it is still subject to all of the same problems that plague the existing redistribution schemes.
- mtpn 9y ago> taking wealth from people None of the ideas in the article truly boil down to this, except maybe some specific implementations of taxation. > redistribution is not the only kind of distribution. I’m trying to understand this, but I can’t.