>So we need to incentivise productive uses of capital, and tax unproductive uses. I would agree that this would probably improve the situation, yes, as long as

>So we need to incentivise productive uses of capital, and tax unproductive uses. I would agree that this would probably improve the situation, yes, as long as the concentration of wealth isn't leveraged to drive wages down. >What's important is that capital is mostly used to benefit society, and capitalism has proved incredibly good at doing that efficiently. However productive the economy becomes, if its fruits are not shared more widely than they are today, it won't benefit society as a whole in the long run. In the last 40 years overall productivity has boomed, but the wealthy have grabbed a wildly disproportionate share of the resulting economic growth simply because their disproportionate share of capital gives them the leverage to do so.