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He likely means that a healthy level of inequality is necessary otherwise productive individuals won't have incentives to be productive. There are real differen
by adnzzzzZ 9y ago
He likely means that a healthy level of inequality is necessary otherwise productive individuals won't have incentives to be productive. There are real differences in output between different individuals and trying to normalize this difference means that society loses. With this in mind you can easily say things like "inequality is not a moral abomination and reducing it is not progress".