2 ms·
I don't think any of the wealth inequality experts are arguing for identical wealth. They want to make sure that all tiers of society maintain social mobility a
by glitchc 2y ago
I don't think any of the wealth inequality experts are arguing for identical wealth. They want to make sure that all tiers of society maintain social mobility and can participate in the American dream. This generally means preventing various stratas from taking unfair advantage of the system, making it more of a level playing field where we can. It benefits society when a genius born in the slums can make something of themselves, that the opportunities are there to escape the slum.
Extreme inequality leads to crime, social instability and eventually major civil unrest. As with everything, it's about moderation. Unrestrained capitalism is just as bad as unrestrained communism, the ideal balance is somewhere in between.
As for sources, here are a few (just a web search away):
https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/ https://www.pewresearch.org/social-trends/2020/01/09/trends-...
https://inequality.org/facts/wealth-inequality/ https://inequality.org/facts/wealth-inequality/
https://www.brookings.edu/articles/rising-inequality-a-major-issue-of-our-time/ https://www.brookings.edu/articles/rising-inequality-a-major...
https://www.oecd.org/en/data/indicators/income-inequality.html https://www.oecd.org/en/data/indicators/income-inequality.ht...
- WalterBright 2y ago> Extreme inequality leads to crime, social instability and eventually major civil unrest Historical example, please.
- fragmede 2y agohttps://en.wikipedia.org/wiki/French_Revolution https://en.wikipedia.org/wiki/French_Revolution
- WalterBright 2y agoI am no expert on the FR, but that article as a long list of causes, only one of which is "Increasing inequality led to more social conflict." and that's all it says about that. Besides, it was a feudal society with nobles and peasants, with different laws attached to each. That's bound to cause resentment.