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I don't think it's practical to eliminate wealth inequality. But we can certainly limit it. I would also be less concerned about wealth inequality if we had mor
by istjohn 2y ago
I don't think it's practical to eliminate wealth inequality. But we can certainly limit it. I would also be less concerned about wealth inequality if we had more robust legal frameworks to prevent wealthy people and institutions from having an outsized influence--for example, campaign finance limits and public campaign financing, elimination of super-pacs and dark money, lobbying regulations, and bans on government officials becoming lobbyists, etc. Instead, these guardrails are steadily eroding. Citizens United devestated campaign finance regulations. Last year in Snyder v. United States, the Supreme Court ruled that federal bribery law does not prohibit gifts or gratuities given to state and local officials after an official act. Of course these are just the kinds of rulings the Federalist Society has hoped to see, financed by the Mercers, Kochs, and other wealthy families. Six of the nine current justices have ties to the Federalist Society.