3 ms·
Income inequality isn't good or bad, it doesn't necessarily imply a working model as I gather you believe...nor does it suggest extractive behaviours, and peopl
by randomcarbloke 3y ago
Income inequality isn't good or bad, it doesn't necessarily imply a working model as I gather you believe...nor does it suggest extractive behaviours, and people's aversion to it is absurd and ideological - see other replies to you.
Absolute poverty is the real enemy, but it is possible to have high inequality and low poverty.
Where I disagree with you is in accumulated wealth being the problem...it isn't generally bad or unproductive, but this is asset dependent, land-wealth is a sink and Georgist measures could significantly improve productivity and capital acceleration.
But the so called "left-wing" you describe seems intent on punitive taxation as opposed to productive...