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I agree we can't just assume "wealth inequality" is inherently bad. That would imply that perfect wealth equality is the goal, which a number of communist and s
by lend000 4y ago
I agree we can't just assume "wealth inequality" is inherently bad. That would imply that perfect wealth equality is the goal, which a number of communist and socialist government experiments have demonstrated to be a poor ideal in practice. My metric is that it should roughly match human skill at allocating capital / generating value in a free market. The closer we get to this metric, the bigger the overall pie should end up in the long run (and the better we can feel about people who have big pieces).