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> That rising inequality is leading to poverty is a failure of government, not corporations or capitalism. Why introduce a layer of indirection by blaming the r
by popinman322 3y ago
> That rising inequality is leading to poverty is a failure of government, not corporations or capitalism. Why introduce a layer of indirection by blaming the rich or corporations, when the rules are made by government? Blame the government directly.
This implies that capitalism is not capable of self-regulation and therefore requires government intervention. It follows that this is a joint failure of capitalism and governments to reduce negative externalities that lead to high wealth inequality.
> Let reddit handle the economic ignorance.
Please don't include implicit ad hominem jabs at other posters. You could have omitted your first sentence with no loss to your argument.