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Repeating myself from above: Why reduce inequality? Because inequality reduces social cohesion, promotes corruption -- it produces people who can buy governmen
by DFHippie 5y ago
Repeating myself from above:
Why reduce inequality? Because inequality reduces social cohesion, promotes corruption -- it produces people who can buy government policy and action --, reduces democratic control of the government, and the mass of people lifted up by its reduction benefit much more than the few wealthy people suffer who are made poorer.
- anovikov 5y agoWealth inequality is not the same thing as income inequality. Moreover, they are inversely related: more income inequality usually means less wealth inequality (because people know government won't care for them so they save and invest cash to make up for it). And there is nothing morally wrong with wealth inequality: European democratic states that American liberals love the most, like Netherlands, Denmark or Sweden, are more unequal in terms of wealth than the U.S. - but much less in terms of income, and even less in terms of after-tax income including "free stuff".
- TheOtherHobbes 5y agoNetherlands and Sweden have a higher GINI than the US after a shift towards right-wing government - far-right in the case of the Netherlands, and also notoriously corrupt. Denmark doesn't. Russia also has a higher GINI than the US, but I don't think most Americans would consider it a successful economy. If you prefer oligarchy to democracy and are happy with corruption at all levels, there is indeed nothing morally wrong with wealth inequality. If you're not a humanist and have given up on the lessons of the Enlightenment, that makes perfect sense.