4 ms·
Income inequality is forced power relations. And we don't want an end to capitalism, we want a cap on it and limits. The problem is how much power the elites
by socrates1998 8y ago
Income inequality is forced power relations.
And we don't want an end to capitalism, we want a cap on it and limits.
The problem is how much power the elites have vs. a person with median income.
If a billionaire sues me, he will win. There is almost zero I can do about it. It almost doesn't matter what happened. I am powerless to stand up to them. Same with billionaire corporations. I have NO power to stand up to them.
The greater the income inequality, the greater the difference in power dynamics in a market/currency based economy.
There is very little justice for poor people and anyone trying to fight a billionaire.