4 ms·
The very essence of capitalism is using wealth (ie capital) to gain income. A wealth tax very much would reduce inequality, both in wealth and income.
by advisedwang 7y ago
The very essence of capitalism is using wealth (ie capital) to gain income. A wealth tax very much would reduce inequality, both in wealth and income.
- deleted 7y ago[deleted]
- gtfratteus 7y agoNo, the very essence of capitalism is allowing those with advantages (work ethic, intelligence, strength, charisma, etc) to capitalize on those advantages. It's the natural selection of economic systems. The essence of socialism is the belief that even if you aren't good enough to survive in society, you still deserve to survive anyway.