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The role of government is to set the rules of the game to provide for the livelihood of all citizens. Free markets bring certain efficiencies but they are not
by dasil003 6y ago
The role of government is to set the rules of the game to provide for the livelihood of all citizens. Free markets bring certain efficiencies but they are not a priori good and virtuous. If they bring the best outcome for society as a whole then we should lean into them, if not then we should consider regulation of some form.
Increasing income inequality should be very alarming to everyone. The bottom 90% because they're getting screwed, and the top 10% because the perfection of conservative talking points and scapegoating of minorities and immigrants will not address the truth on the ground: nostalgia for post-war prosperity will not bring the jobs back. Policy in today's interconnected world is complex and almost entirely driven by expert lobbyists representing special interests who donate to both political parties to guarantee their influence. It's going to get worse and worse until either the 1% see their own danger or the pitchforks come out.