> As to returns to IP holders, those are often the pension fund, who then pay the pensions to pensioners who then spend it on stuff. Pensions aren't distribute

> As to returns to IP holders, those are often the pension fund, who then pay the pensions to pensioners who then spend it on stuff. Pensions aren't distributed evenly across the population, it tends to be that the richer you are, the bigger the pension. That means that IP has the effect of making the rich richer, increasing inequality.